Assume the following information: Milling Department Materials Conversion Total Cost of beginning in process inventory $ 10, 000 $ 15,000 $25,000 Costs added during the period 291,600 385,000 676, 600 Total cost $ 301, 600 $ 400,000 $ 701, 600 Assume the equivalent units of production for materials and conversion are 5, 200 units and 5,000 units, respectively, using the weigh - average method. If 4, 680 units were completed and transferred to the next department, then what the total cost assigned to the units completed and transferred out of the Milling Department? Multipl Choice $641, 840 $645, 840 $650, 840 $639, 840

Assume the following information: Milling Department Materials Conversion Total Cost of beginning in process inventory $ 10, 000 $ 15,000 $25,000 Costs added during the period 291,600 385,000 676, 600 Total cost $ 301, 600 $ 400,000 $ 701, 600 Assume the equivalent units of production for materials and conversion are 5, 200 units and 5,000 units, respectively, using the weigh - average method. If 4, 680 units were completed and transferred to the next department, then what the total cost assigned to the units completed and transferred out of the Milling Department? Multipl Choice $641, 840 $645, 840 $650, 840 $639, 840

Name: pvn.7 Assume the following information: Milling Department Materials C
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Description: pvn.7 Assume the following information: Milling Department Materials Conversion Total Cost of beginning workin process inventory $ 10, 000 $ 15,000 $25,000 Costs added during the period291,600 385,000 676, 600 Total cost $ 301, 600 $ 400,000 $ 701, 6

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 3EA: Given the following information, determine the equivalent units of ending work in process for...

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