Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please show all work for answer . 20) harry com

Please show all work for answer . 20) Harry Company manufactures generic...

60.1K

Verified Solution

Question

Accounting

imagePlease show all work for answer .
20) Harry Company manufactures generic notebooks. Material is introduced at the beginning of the 20) process in the Printing Department. Conversion costs are applied uniformly throughout the process. The weighted-average method of product costing is used. Data for the Printing Department for the month of June follow: Work-in-processinventory, June 1: Units Direct materials(100% complete) Conversion costs(30% complete) 15,000 $35,000 $8,400 Units started in June Units completed in June Work-in-process inventory, June 30 65,000 62,000 18,000 Direct materials added in June Conversion costs added in June $285,000 $210,000 With regard to the work-in-process inventory on June 30, materials are 100 percent complete and conversion costs are 60 percent complete. The total cost of goods transferred out of the Printing Department is A) $420,825 B) $543,000 C) $495,000 D) $434,000

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