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What total amount of cost should be assigned to the units

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The following information relates to the Assembly Department of Emserfuza Corporation for the month of June. Emserfuza uses a weighted-average process costing system.

All materials at Emserfuza are added at the beginning of the production process.

Work in process, June 1: 4,000 Units, 40% complete conversion costs
Units started into pdoduction: 317,000 Units
Work in process, June 30: 10,000 Units, 90% complete conversion costs

  • On June 1, the work in process inventory account contained $6,400 of material cost and $4,400 of conversion cost. Cost per equivalent unit for June was $1.50 for materials and $2.80 for conversion costs.

Problem 1: What total amount of cost should be assigned to the units transferred out during June.

Reference no: EM132694808

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