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Excellent Manufacturing Uses a Process Cost System to Manufacture Sensors

Question 85

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Excellent Manufacturing uses a process cost system to manufacture sensors for the security industry.The following information pertains to operations for the month of March:
Excellent Manufacturing uses a process cost system to manufacture sensors for the security industry.The following information pertains to operations for the month of March:    The beginning inventory was 65% complete for materials and 25% complete for conversion costs.The ending inventory was 80% complete for materials and 45% complete for conversion costs. Costs pertaining to the month of March are as follows: Beginning inventory costs: materials = $46,200; conversion cost = $32,025 Costs incurred during March: materials used = $617,400; conversion cost = $655,200 -  Which of the following is the total cost of the units in ending work-in-process inventory by using the weighted average method? (Note: Round the unit direct material cost, the unit conversion cost, and the answer to two decimal places.)  A)  $253,960.70. B)  $258,646.50. C)  $250,670.60. D)  $256,962.50. The beginning inventory was 65% complete for materials and 25% complete for conversion costs.The ending inventory was 80% complete for materials and 45% complete for conversion costs.
Costs pertaining to the month of March are as follows:
Beginning inventory costs: materials = $46,200; conversion cost = $32,025
Costs incurred during March: materials used = $617,400; conversion cost = $655,200
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Which of the following is the total cost of the units in ending work-in-process inventory by using the weighted average method? (Note: Round the unit direct material cost, the unit conversion cost, and the answer to two decimal places.)


A) $253,960.70.
B) $258,646.50.
C) $250,670.60.
D) $256,962.50.

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