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Answered

The following data were taken from the accounting records of the Mixing Department of Kappa Corporation which uses the weighted-average method in its process costing system:
Beginning work in process inventory:
Cost $ 19,000
Units 30,000 units
Percent completion with respect to materials 100 %
Percent completion with respect to conversion 60 %
Units completed and transferred out 82,000 units
Cost per equivalent unit:
Material $ 1.50
Material $ 0.75
The cost of units transferred out was:________.
a. $184,500
b. $149,500
c. $167,500
d. $145,000

Answer :

Answer:

a. $184,500

Explanation:

The computation of the cost of units transferred out is shown below:

Total unit cost is

= $1.50 + $0.75

= $2.25 per unit

And, Unit completed and transferred out = 82000

So, Cost of unit completed and transferred out is

= 82,000 units × $2.25

= $184,500

hence, the correct option is a.  

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