Reference no: EM132667951

Question - A Weighted Average Question to use the information below: Each product must pass through the Assembly Department and the Testing Department. The Tock Clock Company manufactures a single type of clock on a highly automated assembly line. It's costing system uses two cost categories, direct materials and conversion costs. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Tock Clock Company uses weighted-average costing.

Data for assembly Department for June 2020 are;

Work in process, beginning inventory 250 units

Direct materials (100% complete)

Conversion costs (50% complete)

Units started during June 800 units

Work in process, ending inventory 150 units

Direct materials (100% complete)

Conversion costs (75% complete)

Costs for June 2020;

Work in process, beginning inventory;

Direct materials 90,000

Conversion costs 135,000

Direct materials costs added during June. 500,000

Conversion costs added during June 500,000

If Tock uses the weighted-average method, what was the number of units completed and transferred out during this period (June 2020)?

a. 1,050 units

b. 1,012.5 units

c. 962 units

d. 900 units