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In the month of March, a department had 8400 units in beginning W 30100 units were transferred into production from another departm Process Inventory that were 70% complete. Direct materials are add incurred uniformly throughout the process. The weighted-average m process in March?

In the month of March, a department had 8400 units in beginning W 30100 units were transferred into production from another departm Process Inventory that were 70% complete. Direct materials are add incurred uniformly throughout the process. The weighted-average m process in March?

FINANCIAL ACCOUNTING
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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In the month of March, a department had 8400 units in beginning Work in Process Inventory that were 70% complete. During March, 30100 units were transferred into production from another department. At the end of March there were 1600 units in ending Work in Process Inventory that were 70% complete. Direct materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. The weighted-average method is used. How many units were transferred out of the process in March? O 19950 units O 28070 units O 36900 units O 31700 units
Transcribed Image Text:In the month of March, a department had 8400 units in beginning Work in Process Inventory that were 70% complete. During March, 30100 units were transferred into production from another department. At the end of March there were 1600 units in ending Work in Process Inventory that were 70% complete. Direct materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. The weighted-average method is used. How many units were transferred out of the process in March? O 19950 units O 28070 units O 36900 units O 31700 units
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