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Materials costs of $1044000 and conversion costs of $1146600 were charged to a processing department in...

Materials costs of $1044000 and conversion costs of $1146600 were charged to a processing department in the month of September. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process, 180000 units were started into production in September, and there were 6000 units in ending work in process that were 40% complete at the end of September.

What was the total amount of manufacturing costs assigned to the 6000 units in the ending work in process?

$34800.

$15600.

$50400.

$29520.

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Answer #1

total amount of Manufacturing cost

unit's transferred to next department = unit started - ending inventory

= 180000 - 6000= 174000

equivalent units

Particular material conversion
Unit's transferred to next department 174000 174000
Ending inventory

(6000×100%)

6000

(6000×40%)

2400
Equivalent units 180000 176400

Cost per Equivalent units

Particular material conversion
(a)cost $1044000 $1146600
(b)Equivalent units 180000 176400
Cost per Equivalent unit (a/b) $5.8 $6.5

total Manufacturing cost assigned to the 6000units in the ending inventory

= (6000×$5.8)+(6000×40%×$6.5)

=$34800+$15600

= $50400

therefore answer is$50400

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