The following data were taken from the accounting records of the Mixing Department of Kappa Corporation which uses the weighted-average method in its process costing system: Beginning work in process inventory:
Cost $ 19,000
Units 30,000 units
Percent completion with respect to materials 100 %
Percent completion with respect to conversion 60 %
Units completed and transferred out 82,000 units
Cost per equivalent unit:
Material $ 1.50
Material $ 0.75
The cost of units transferred out was:.
a. $184,500
b. $149,500
c. $167,500
d. $145,000