A factory manufactures model cars. During October work commenced on 110,000 new cars.
This was in addition to 20,000 that were 50% complete at the start of the month. At the end of October there
were 40,000 cars that were 50% complete.
Costs for October were:
Brought forward
Incurred this period
$132,000 (
If this factory chooses the weighted-average method of spreading costs, what is the cost per car for October
production?
a
1200
S000
11,000
121,000
1320