Materials costs and conversion cost of 000 were charged Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process inventory, 20000 units were started into production in September, and there were 5000 units in ending work in process inventory that were 40% complete as to conversion costs at the end of September. 4 What was the total manufacturing cost assigned to the 5000 units in the ending work in process inventory? O $580000 O $850000 O $400000 (707500

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Materials costs of $1600000 and conversion cost of $1530000 were charged to a processing department in the month of September.
Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. There were
no units in beginning work in process inventory, 20000 units were started into production in September, and there were 5000 units in
ending work in process inventory that were 40% complete as to conversion costs at the end of September.
D
What was the total manufacturing cost assigned to the 5000 units in the ending work in process inventory?
O $580000.
O $850000
O $400000
O $782500
Transcribed Image Text:Materials costs of $1600000 and conversion cost of $1530000 were charged to a processing department in the month of September. Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process inventory, 20000 units were started into production in September, and there were 5000 units in ending work in process inventory that were 40% complete as to conversion costs at the end of September. D What was the total manufacturing cost assigned to the 5000 units in the ending work in process inventory? O $580000. O $850000 O $400000 O $782500
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