Bettie Corporation uses a weighted-average process costing system to collect costs related to production. The following selected information relates to production for October:  Materials ConversionUnits transferred to the next department 50,000   50,000 Equivalent units: work in process, October 31 10,000   4,000 Total equivalent units 60,000   54,000   Materials ConversionCosts in work in process on October 1$9,000  $5,400 Costs added to production during October 243,000   513,000 Total cost$252,000  $518,400  All materials at Bettie are added at the beginning of the production process. What total amount of cost should be assigned to the units completed and transferred out during October?

A. $677,500
B. $690,000
C. $642,000
D. $691,900


Answer: B

Business

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