Nando Company uses the weighted-average method in its process costing system. Department J is the second of three sequential processes at the company. During October, Department J collected the following data:
|
Units |
Labor and Overhead Percentage Complete |
| Work in process, October 1 |
26,000 |
60% |
| Units started |
81,500 |
|
| Completed and transferred |
65,000 |
|
| Work in process, October 31 |
42,500 |
20% |
| Costs for October |
Transferred In |
Materials |
Labor and Overhead |
| Work in process, October 1 |
$108,000 |
$16,500 |
$101,200 |
| Added during the month |
$63,900 |
$86,500 |
$197,300 |
| All materials are added at the beginning of the process. |
| Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least two decimal places. |
The total cost assigned to units transferred out during October was?