How much materials cost was assigned to units transferred

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Question - Stark Corporation uses the weighted average method in its process costing system. The Weather Proofing Department is the second department in its production process. The Weather Proofing Department's cost per equivalent unit for material cost for April was $8.24. The data below summarize the department's operations in April.

 

Units

Percent Complete with Respect to Materials

Beginning work in process inventory

8,000

80%

Transferred in from the prior department during April

70,000

 

Ending work in process inventory

5,000

40%

Required - How much materials cost was assigned to the units transferred out of the Weather Proofing Department during April?

Reference no: EM133114057

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