Shiffon Electronics manufactures music player.Its costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department,the Programming department,and the Testing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production.Shiffon Electronics uses weighted-average costing.
The following information is available for the month of March 2017 for the Assembly department.

The cost details for the month of March are as follows:
Work in process,beginning inventory:

What amount of direct materials costs is assigned to the ending Work-in-Process account for March?
(Round intermediary calculations to the nearest whole dollar. )
A)$47,931
B)$96,621
C)$104,632
D)$144,480

Question

Shiffon Electronics manufactures music player.Its costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department,the Programming department,and the Testing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production.Shiffon Electronics uses weighted-average costing.
The following information is available for the month of March 2017 for the Assembly department.

The cost details for the month of March are as follows:
Work in process,beginning inventory:

What amount of direct materials costs is assigned to the ending Work-in-Process account for March?
(Round intermediary calculations to the nearest whole dollar. )
A)$47,931 
B)$96,621 
C)$104,632 
D)$144,480

Quizplus · Accepted Answer

11ea8a5a_a092_8d1f_a19c_731b76642484_TB5540_00_TB5540_00_TB5540_00 Direct material cost per equivalent unit = $1,048,000 / 1160 = $903
Direct materials cost to be assigned to ending Work-in-Process account = 160 units × $903 = $144,480

Shiffon Electronics Manufactures Music Player