Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. tryfit co. uses process costing to account for the

TryFit Co. uses process costing to account for the production of energy food bars. Direct...

50.1K

Verified Solution

Question

Accounting

TryFit Co. uses process costing to account for the production of energy food bars. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory consisted of $15,000 in materials and $12,000 in conversion costs. April costs were $44,000 for materials and $48,000 for conversion costs. During April 16,000 units were completed. Ending work in process inventory was 12,000 units (100% complete for materials, 50% for conversion). The value of units completed and transferred out using the weighted average method would be closest to: (Round your intermediate calculations to four decimal places.)

Multiple Choice

  • $77,350.40

  • $78,484.00

  • $89,484.00

  • $93,317.00

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

South Africa is emerging as a profitable production and export base for some of the world’s...

General Management
Q

What is the basic unit of structure and function of all living organisms O mitochondrion...

Biology
Q

After glycolysis and the citric acid cycle but before the electron transport chain and oxidative...

Biology
Q

True False Question 33 1 point Listen Pseudocoelomate animals have an enclosed body cavity formed...

Biology
Q

Percentage of females with mature follicles 100 Female paired 80 60 40 20 0 with...

Biology
Q

hreerods of destiest ares of cross section and made from the same metal form the...

Physics
Q

Tony buys a new palladium core online. The core costs $139 but the site is...

Basic Math
Q

A Tax Prep Time hrs 7 B 0 1 2 33 34 35 36 37...

Statistics
Q

Project Y requires a $346,500 investment for new machinery with a four-year life and no...

Accounting
Q

Required information Assume the partnership of Dean, Hardin, and Roth has been in existence for...

Accounting
Q

34. Which of the following items is a temporary difference between tax income and financial...

Accounting
Q

You are a new staff accountant with a large regional CPA firm, participating in your...

Accounting