Weighted-average method in its process costing

Reference no: EM131812776

Ok Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Materials Conversion Cost per equivalent unit $ 31.90 $ 27.60 Equivalent units in ending work in process 1,570 570 During the month, 7,700 units were completed and transferred from the Assembly Department to the next department. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted-average method. (Omit the "tiny_mce_markerquot; sign in your response.) Total amount Cost of ending work in process inventory $ Cost of units completed and transferred out $

Reference no: EM131812776

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