Question

The managerial accountant at Seaside Manufacturing reported the following​ data: ​Units: Beginning WIP ​56,500 ​75% for...

The managerial accountant at Seaside Manufacturing reported the following​ data:

​Units:

Beginning WIP

​56,500

​75% for materials

​45% for conversion

Transferred−in

​216,000

Completed

​242,000

Ending WIP

​60% for materials

​20% for conversion

​30,500

​Costs:

Beginning WIP

Direct materials

​$67,500

Conversion

​152,400

Transferred−in

​104,000

Transferred−in

from department 1

​$1,557,050

Direct materials added

​919,375

Conversion added

​548,875

Costs of units transferred to Finished Goods Inventory would be closest to?

A.

​$3,078,240.

B.

​$3,025,300.

C.

​$1,601,527.

D.

​$3,349,200.

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