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Business, 01.03.2021 21:30 punkinrichard1oxon2i

Assume the following information: Percent Complete Milling DepartmentUnits Materials Conversion Beginning work in process inventory 200 40% 30% Units started into production during March 6,200 Units completed during the period and transferred to the next department 5,800 100% 100% Ending work in process inventory 600 70% 60% Milling Cost of beginning work in process inventory$10,000 $15,000 Costs added during the period 290,000 385,000 Total cost$300,000 $400,000 Using the weighted-average method, the total cost of the units completed during the period and transferred out to the next department with respect to materials is closest to:. a. $46.95
b. $44.95
c. $50.35
d. $43.35

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