AAD company is reviewing the behavior of its various activities.AAD is considering various costs under process costing system..Direct materials are added at the beginning of the process andconversion activity occurs uniformly throughout the process. Thefollowing data pertain to the month of May. Units Total Direct Conversion cost Material
Work in process, May 1 – 60% complete
15,000
Units started during May
60,000
Units sold during May
7,000
Costs
Work in process, May 1
$41,250
$16,500
$24,750
Costs incurred during May
234,630
72,000
162,630
Total
$275,880
$88,500
$187,380
Using the weighted average method of processing costing, calculatethe cost of goods completed and transferred during May.
AAD company is reviewing the behavior of its various activities. AAD is considering various costs under process costing
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