Caring Company has the following cost and production date for the month of January 2022:All materials are added at the start of the process and lost units are detected at the inspection point of 75% completion.Under the weighted average method, how much is the cost of the Completed and Transferred (round off to 2 decimal places)? A. 748,840.42B. 752,853.20C. 758,008.72D. 762,216.34 Work in Process, January 1:MaterialsConversionCost Added this month:MaterialsConversion25,00030,000240,000550,500Work in Process, January 1 (30% 3,750 unitscomplete)Started this monthTransferred outWork in Process, January 31 (70%complete)Normal lost unitsAbnormal lost units50,000 units46,250 units6,500 units300 units?

Units in Completed and Transferred The cost of the Completed and Transferred consist of: 1.…

Work in Process, January 1: Materials Conversion Cost Added this month: Materials 25,000 30,000 240,000 550,500 Conversion Work in Process, January 1 (30% complete) Started this month Transferred out Work in Process, January 31 (70% complete) Normal lost units Abnormal lost units 3,750 units 50,000 units 46,250 units 6,500 units 300 units ?

Work in Process, January 1: Materials Conversion Cost Added this month: Materials 25,000 30,000 240,000 550,500 Conversion Work in Process, January 1 (30% complete) Started this month Transferred out Work in Process, January 31 (70% complete) Normal lost units Abnormal lost units 3,750 units 50,000 units 46,250 units 6,500 units 300 units ?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 3BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...

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