Business, 16.02.2021 01:00 viktoria1198zz

Giddings Pharmaceutical Company is a maker of drugs for high blood pressure and uses a process costing system. The following information pertains to the final department of Giddings's blockbuster drug called Solcax. Beginning work-in-process (40% completed) 750 units Transferred-in 3,800 units Normal spoilage 390 units Abnormal spoilage 190 units Good units transferred out 3,400 units Ending work-in-process (1/3 completed) 570 units Conversion costs in beginning inventory $ 2,891 Current conversion costs $ 6,700 Giddings calculates separate costs of spoilage by computing both normal and abnormal spoiled units. Normal spoilage costs are reallocated to good units and abnormal spoilage costs are charged as a loss. The units of Solcax that are spoiled are the result of defects not discovered before inspection of finished units. Materials are added at the beginning of the process. Using the weighted-average method, answer the following question: What are the total conversion costs transferred to finished goods

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