Simon Productions Company Had a Beginning Work in Process Inventory

question 34

Multiple Choice

Simon Productions Company had a beginning work in process inventory totaling $6,000.During the current period,the company added materials costs of $12,300,labor cost of $14,500 and overhead of $18,200.Equivalent production was 12,000 units,and 9,000 units were completed and transferred to the finished goods inventory.Inventory costs would be determined using a unit cost of

• A) $5.67.
• B) $3.75.
• C) $4.25.
• D) $8.50.