The USA Company manufactures flags in a single process. The following information has been provided by USA Company:
The beginning units still in process are 30% complete with respect to direct materials and 40% complete with respect to conversion costs and had $22,550 of materials costs and $108,725 of conversion costs. The ending units still in process are 45% complete with respect to direct materials and 35% complete with respect to conversion costs.
- Assuming the weighted-average method was used, what was the total cost of the units completed and transferred out?
A) $1,164,500
B) $1,164,650
C) $151,050
D) $150,900
Correct Answer:
Verified
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