Materials costs of $1200000 and conversion costs of $1402500 were charged to a processing department in the month of Septembe 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, 20000 units were started into production in September, and there were 5000 units in ending work in process that were 30% complete at the end of September. What was the total amount of manufacturing costs assigned to those units that were completed and transferred out of the process in September? O $2175000. O $2392500. O $1951875. O $2900000.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Materials costs of $1200000 and conversion costs of $1402500 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, 20000 units were started into production in September, and there were 5000 units in
ending work in process that were 30% complete at the end of September.
What was the total amount of manufacturing costs assigned to those units that were completed and transferred out of the process in
September?
O $2175000.
O $2392500.
O $1951875.
O $2900000.
Transcribed Image Text:Materials costs of $1200000 and conversion costs of $1402500 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, 20000 units were started into production in September, and there were 5000 units in ending work in process that were 30% complete at the end of September. What was the total amount of manufacturing costs assigned to those units that were completed and transferred out of the process in September? O $2175000. O $2392500. O $1951875. O $2900000.
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