Reference: 04-02
Adam Company Uses the Weighted-Average Method in Its

Reference: 04-02
Adam Company uses the weighted-average method in its process costing system. The following information for the Assembly Department was obtained from the accounting records for September (all materials are added at the
beginning of the process) : $$\begin{array}{l}\begin{array} { | l | l | l | } \hline & \begin{array} { l } \text { Number of } \\\text { Units }\end{array} & \begin{array} { l } \text { Labour and Overhead } \\\text { (Percentage Complete } ) \end{array} \\\hline \text { Work in process inventory, Sept. 1 } & 60,000 & 15 \% \\\hline \text { Transferred in during the month } & 105,000 & \\\hline \text { Work in process inventory, Sept. } 30 & 40,000 & 20 \% \\\hline\end{array}\\\\\begin{array} { | c | l | l | l | } \hline & \text { Transferred In } & \text { Materials } & \begin{array} { l } \text { Labour \& } \\\text { Overhead }\end{array} \\\hline \text { Beginning work in } & & & \\\hline \text { process inventory } & \$ 60,000 & \$ 30,000 & \$ 16,000 \\\hline \text { Cost added during the month } & \$ 115,500 & \$ 63,000 & \$ 320,000 \\\hline\end{array}\end{array}$$
-The "Cost to be accounted for" section of the production report for the month will show a total amount equal to?

A) $498,500.
B) $429,000.
C) $106,000.
D) $604,500.