6-38 Weighted-Average Method Gifford, Inc. produces a single model of a popular cell phone in large quantities. A single cell phone moves through two departments, assembly and testing. The manufac- turing costs in the assembly department during March follow:
Direct materials added
|
$187,500
|
Conversion costs
|
165,410
|
|
$352,910
|
The assembly department has no beginning work-in-process inventory. During the month, it started 25,000 cell phones, but only 22,000