Answer the Following Questions Using the Information Below:
Timekeeper Inc

question 49

Multiple Choice

Answer the following questions using the information below:
Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Timekeeper Inc. uses weighted-average costing.
$\begin{array}{ll}\text { Data for the Assembly Depatment for June } 2015 \text { are: }\\\text { Work in process, beginuning inventory }&300 \text { units }\\\text { Direct materials ( } 100 \% \text { complete) }\\\text { Conversion costs ( } 50 \% \text { complete) }\\\text { Units started during June } & 950 \text { units } \\\text { Work in process, ending inventory: } & 150 \text { units } \\\text { Direct materials ( } 100 \% \text { complete) } & \\\text { Conversion costs ( } 75 \% \text { complete) } &\\\\\text { Costs for June 2015: }\\\text { Work in process, beginuning inventory: }\\\text { Direct materials } & \$ 90,000 \\\text { Conversion costs } & \$ 135,000 \\\text { Direct materials costs added during June } & \$ 600,000 \\\text { Conversion costs ad ded during June } & \$ 400,000\end{array}$
-What amount of conversion costs is assigned to the ending Work-in-Process account for June?

• A) $82,800.50
• B) $49,639.50
• C) $66,186.50
• D) $38,256.50

---

Definitions:

Acute Care

Pattern of health care in which a patient is treated for an acute episode of illness, for the sequelae of an accident or other trauma, or during recovery from surgery.

Intensive Care Unit

A specialized department in a hospital that provides intensive medical and surgical care and monitoring for patients with severe or life-threatening conditions.

Lung Lobe

One of the sections into which each lung is divided; the right lung has three lobes, and the left has two.

Operative Site

The specific location on the body where a surgical procedure is performed.