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In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $27,000 and ending work in process inventory of $32,000. During the month, the cost of units transferred out from the department was $162,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be:

Respuesta :

Answer:

$194,000

Explanation:

Data provided

Cost of ending work in process inventory = $32,000

Cost of units transferred out from the department = $162,000

The computation of total cost to be accounted under the weighted-average method is shown below:-

Total cost = Cost of ending work + Cost of units transferred out

= $32,000 + $162,000

= $194,000

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