(Instruction Sheet Needed) The total cost of units completed and transferred out of the metal...

80.2K

Verified Solution

Question

Accounting

image
image
(Instruction Sheet Needed) The total cost of units completed and transferred out of the metal processing department by John Dillinger in August was: O $548,658 O $$44,946 O $500,112 O S546,150 Question 1.20 4 points (Instruction Sheet Needed) The total cost of direct materials in the WIP inventory of John Dillinger's metal processing department at the end of August is: o $1,296 O 5696 O $1,812 O $2,508 Question 1.21 4 points (Instruction Sheet Needed) Total conversion costs in the WIP inventory of John Dillingers metal processing department at the end of August is: O $2,508 $1,296 O $2,416 O $1,812 Use the following to answer questions 19 through 21: John Dillinger Inc. uses the weighted-average method in its process costing system. T following data summarizes the operations of the company's metal pr August: ocessing department for Work in process, beginning: Units in process... Stage of completion with respect to materials. Stage of completion with respect to conversion Costs in the beginning inventory: 800 60% 10% Direct materials cost.... $1,296 $2,416 Units started into production during the month..16 Units completed and transferred out 16,000 16,500 Costs added to production during the month: Direct materials cost... Conversion cost $47,250 $497,696 Work in process, ending: Units in process. Stage of completion with respect to direct materials. Stage of completion with respect to conversion. 300 80% 20%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students