loader  Loading... Please wait...

Question(s) / Instruction(s):

A sporting goods manufacturer buys wood as a direct material for baseball bats. The Forming Department processes the baseball bats, and the bats are then transferred to the Finishing Department where a sealant is applied. There was no beginning work in process inventory in the Forming Department in May. The Forming Department began manufacturing 15,000 Casey Slugger baseball bats during May. Costs for the Forming Department for the month of May were as follows:

  Direct materials              $40,500 

  Conversion costs            $27,025 

A total of 10,000 bats were completed and transferred to the Finishing Department during May. The ending work in process inventory was 100% complete with respect to direct materials and 35% complete with respect to conversion costs. The company uses the weighted-average method of process costing.

The cost of the units transferred to the Finishing Department during May was: (Do not round your intermediate calculations.)

a)            $70,525

b)            $50,000

c)            $67,525

d)            $52,525

 

Find Similar Answers by Subject


Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)


Expert's Answer
Download Solution:
$1.79

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)



Reach Us

408-538-8534

20-3582-4059

39-008-4233

+1-408-904-6494