Problem 4 [20%] FootLove Corporation manufactures quality walking shoes and uses a weighted average process costing system. All direct materialsare introduced at the start of the process, and conversion cost is incurred evenly throughout manufacturing. An examination of the company's Work-in-Process account for September revealed the following selected information: Debit side– September 1 balance: 2,100 units, 40% complete. Direct material cost of $105,000 and direct manufacturing labor cost of $20,440. Production started: 6,300 units Direct materials used during August: $3 15,000 Credit side– Production completed: 4,900 units Costs of transferred-out unit: $392,000 Conversations with manufacturing personneI revealed that the ending work in process was 80% complete. Accounting personnelcannot disclose the informnation of conversion costs added in September, but manufacturing overhead is applied by 150% of directmanufacturing labor costs. Required: (Round cost per equivalent unit to the nearest hundredth)
【題組】1.If FooLLove uses a FIFO process costing system, calculate the cost of goods completed during September. (10%)