Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted-average costing.
The following information is available for the month of March 2017 for the Assembly department.

What amount of conversion costs is assigned to the ending Work-in-Process account for March?
(Round intermediary dollar amounts to the nearest cent and unit amounts to the nearest whole unit.)
A) $182,343
B) $122,792
C) $109,406
D) $270,629

Question

Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted-average costing.
The following information is available for the month of March 2017 for the Assembly department.

What amount of conversion costs is assigned to the ending Work-in-Process account for March?
(Round intermediary dollar amounts to the nearest cent and unit amounts to the nearest whole unit.)
A) $182,343 
B) $122,792 
C) $109,406 
D) $270,629

Quizplus · Accepted Answer

11ea1398_f0db_ba00_a1e4_b38a19ef3b5e_TB3027_00

Shiffon Electronics Manufactures Music Player