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Layla Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing...

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Accounting

Layla Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department. Information for the mixing department for October is as follows:
Work in process, October 1(45% complete)7,200
Units completed and transferred out ,38,400
Work in Process, October 31(85% complete)3,600
Cost per Equivalent Unit of Production $12.13
Layla uses the weighted average method. Layla's cost of goods transferred to the molding department during October would be:
$310,347
$261.050
$465.792
$294.000
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