$50,400Overhead$14,400During October, 38,400 units were completed and transferred to the molding department. The following costs were incurred by themixing department during October:Direct materials$144,000Direct labor$192,000Overhead$ 60,000By October 31, 3,600 units that were 85% complete remained in the mixing department. Eclypso uses the weighted averagemethod. Which of the following would be Eclypso's cost of goods that was transferred to the molding department during October?(Note: Round your calculation to two decimal places and the final answer to the nearest whole dollar.)Oa. $261.050Ob. $294,00oOc. $465,792Od. $310.347 Eclypso Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are addeduniformly in the mixing department.Information for the mixing department for October is as follows:Work in process, October 1:No. of units (45% complete)7,200Direct materials$42,000Direct labor$50,400Overhead$14,400During October, 38,400 units were completed and transferred to the molding department. The following costs were incurred by themixing department during October:Direct materials$144,000Direct labor$192,000Overhead$ 60,000By October 31, 3,600 units that were 85% complete remained in the mixing department. Eclypso uses the weighted averagemethod. Which of the following would be Eclypso's cost of goods that was transferred to the molding department during October?(Note: Round your calculation to two decimal places and the final answer to the nearest whole dollar.)Oa, $261,050Ob, $294,000

Name: $50,400Overhead$14,400During October, 38,400 units were completed and
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Description: $50,400Overhead$14,400During October, 38,400 units were completed and transferred to the molding department. The following costs were incurred by themixing department during October:Direct materials$144,000Direct labor$192,000Overhead$ 60,000By Octo

Weighted average method is one of the method of process costing, under which equivalent units will…

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$50,400 Overhead $14,400 During October, 38,400 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October: Direct materials $144,000 Direct labor $192,000 Overhead $ 60,000 By October 31, 3,600 units that were 85% complete remained in the mixing department. Eclypso uses the weighted average method. Which of the following would be Eclypso's cost of goods that was transferred to the molding department during October? (Note: Round your calculation to two decimal places and the final answer to the nearest whole dollar.) Oa. $261.050 Ob. $294.000 Oc. $465,792 Od. $310,347

$50,400 Overhead $14,400 During October, 38,400 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October: Direct materials $144,000 Direct labor $192,000 Overhead $ 60,000 By October 31, 3,600 units that were 85% complete remained in the mixing department. Eclypso uses the weighted average method. Which of the following would be Eclypso's cost of goods that was transferred to the molding department during October? (Note: Round your calculation to two decimal places and the final answer to the nearest whole dollar.) Oa. $261.050 Ob. $294.000 Oc. $465,792 Od. $310,347

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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