Fan Corporation manufactures snowboards. Material is introduced at the beginning of the process in the Assembly department. Conversion costs are applied uniformly throughout the process. The weighted-average method of product costing is used. Data for the Assembly department for the month of April, 20X1 follow:
Work-in-process, April 1.

-The total cost of goods transferred out of the Assembly department is
A) $2,170,592.
B) $1,836,800.
C) $1,904,000.
D) $1,980,000.

Question

Fan Corporation manufactures snowboards. Material is introduced at the beginning of the process in the Assembly department. Conversion costs are applied uniformly throughout the process. The weighted-average method of product costing is used. Data for the Assembly department for the month of April, 20X1 follow:
Work-in-process, April 1.
   
-The total cost of goods transferred out of the Assembly department is
A) $2,170,592. 
B) $1,836,800. 
C) $1,904,000. 
D) $1,980,000.

Quizplus · Accepted Answer

The Answer of Fan Corporation manufactures snowboards. Material is introduced at the beginning of the process in the Assembly department. Conversion costs are applied uniformly throughout the process. The weighted-average method of product costing is used. Data for the Assembly department for the month of April, 20X1 follow:
Work-in-process, April 1.
   
-The total cost of goods transferred out of the Assembly department is
A) $2,170,592. 
B) $1,836,800. 
C) $1,904,000. 
D) $1,980,000.

Fan Corporation Manufactures Snowboards