Hendrix, Inc $=750$ Units $60 \%$ Complete
Direct Materials Cost

Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities: On July 1: Beginning inventories $=750$ units, $60 \%$ complete
Direct materials cost $=\$ 5,925$
Conversion costs $=\$ 4,095$

During July: $\quad 15,000$ units started
Direct materials added $=\$ 150,000$
Conversion costs added $=\$ 83,520$

On July 31: Ending inventories $=1,500$ units, $40 \%$ complete Using the weighted average method, the cost of the goods completed and transferred out was:

A) $225,150
B) $225,060
C) $213,300
D) $213,000

Correct Answer:

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