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Talamoto Co

question 49

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Talamoto Co.manufactures a single product that goes through two processes - mixing and cooking.The following data pertains to the Mixing Department for September. Talamoto Co.manufactures a single product that goes through two processes - mixing and cooking.The following data pertains to the Mixing Department for September.   Material P is added at the beginning of work in the Mixing Department.Material Q is also added in the Mixing Department,but not until units of product are forty percent completed with regard to conversion.Conversion costs are incurred uniformly during the process. The cost of goods completed and transferred out under the weighted-average method is calculated to be: A) $885,000. B) $882,000. C) $888,000. D) $891,000. E) $887,000.
Material P is added at the beginning of work in the Mixing Department.Material Q is also added in the Mixing Department,but not until units of product are forty percent completed with regard to conversion.Conversion costs are incurred uniformly during the process.
The cost of goods completed and transferred out under the weighted-average method is calculated to be:


Definitions:

Idle

A state of inactivity or not being in use, often referring to machinery or workers.

Busy

Engaged in action or occupied with activities, often implying a lack of spare time.

Fixed Interval

A schedule of reinforcement where rewards are given after a specific, fixed amount of time has passed.

Constant Amount

A fixed value that does not change over time or in different situations, often used in mathematical or financial contexts.

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