Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April, the handling department reported the following information: work in process, April 1 units started during April work in process, April 30 units 27,000 59,000 34,000 work in process, April 1 costs added during April total costs % complete DM 60% DM $ 25,310 $190,720 $216,030 70% The cost of beginning work in process and the costs added during April were as follows: % complete conversion 85% Conversion $191,175 $208,985 $400,160 40% Total cost $216,485 $399,705 $616,190 Calculate the total cost of the handling department's work in process inventory at April 30 using the weighted average process costing method.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Betty DeRose, Inc. operates two departments, the handling department and
the packaging department. During April, the handling department reported
the following information:
work in process, April 1
units started during April
work in process, April 30
units
27,000
59,000
34,000
work in process, April 1
costs added during April
total costs
% complete
DM
60%
DM
$ 25,310
$190,720
$216,030
70%
The cost of beginning work in process and the costs added during April
were as follows:
% complete
conversion
85%
Conversion
$191,175
$208,985
$400,160
40%
Total cost
$216,485
$399,705
$616,190
Calculate the total cost of the handling department's work in process
inventory at April 30 using the weighted average process costing method.
Transcribed Image Text:Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April, the handling department reported the following information: work in process, April 1 units started during April work in process, April 30 units 27,000 59,000 34,000 work in process, April 1 costs added during April total costs % complete DM 60% DM $ 25,310 $190,720 $216,030 70% The cost of beginning work in process and the costs added during April were as follows: % complete conversion 85% Conversion $191,175 $208,985 $400,160 40% Total cost $216,485 $399,705 $616,190 Calculate the total cost of the handling department's work in process inventory at April 30 using the weighted average process costing method.
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