Question - Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April, the handling department reported the following information:
|
|
units
|
% complete DM
|
% complete conversion
|
|
work in process, April 1
|
46,000
|
55%
|
39%
|
|
units completed during April
|
68,000
|
|
|
|
work in process, April 30
|
23,000
|
60%
|
75%
|
The cost of beginning work in process and the costs added during April were as follows:
|
|
DM
|
Conversion
|
Total Cost
|
|
Work in process, April 1
|
$66,710
|
$172,266
|
$238,976
|
|
costs incurred during April
|
276,850
|
262,509
|
539,359
|
|
total costs
|
343,560
|
434,775
|
778,335
|
Calculate the cost of goods completed and transferred out during April using the weighted average process costing method. Do not use decimals in your answer.