Cranford Company completed and transferred out 3,400 units in May 2020. There were 250 units in the Work-in-Process Inventory on May 31, 2020, 40% complete as to conversion costs and 100% complete as to materials. The month's charges for conversion costs and material costs were $17,850 and $13,140, respectively. There was no beginning inventory on May 1, 2020. What is the cost of the work transferred-out during May, assuming that Cranford uses weighted-average process costing

$29,580

Explanation:

we must first determine equivalent units:

EUP for materials = 3,400 + 250 = 3,650 EUP

EUP for conversion costs = 3,400 + (250 x 40%) = 3,500 EUP

conversion cost per EUP = $17,850 / 3,500 EUP = $5.10

materials per EUP = $13,140 / 3,650 EUP = $3.60

total costs per EUP = $8.70

total units transferred out = 3,400

total cost of units transferred out = 3,400 x $8.70 = $29,580

d. automatic stabilizers.

explanation:

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.