Macey Company Uses a Weighted-Average Process Costing System

question 78

Multiple Choice

Macey Company uses a weighted-average process costing system. Beginning inventory consists of 6,000 units, 40% complete. Units started are 14,000, completed are 10,000, and ending inventories are 9,000 units, 70% complete. Normal spoilage is 5% of the units inspected. Direct material is added at the 75% point and spoilage inspection occurs at the 80% point. The cost per equivalent unit for materials was $1.00 and $3.00 for conversion costs.
The cost of the ending work in process was:

• A) $30,600
• B) $18,900
• C) $28,800
• D) $36,000

---

Definitions:

Licensed Practical Nurse (LPN)

A nurse who provides basic medical care and typically works under the supervision of a registered nurse or doctor.

Nurse Practice Act

Legislation that defines the scope of practice, responsibilities, and regulations for nurses within a particular state or jurisdiction.

Effective Questions

Questions crafted in a manner that elicits clear, informative, and thoughtful responses, enhancing communication and understanding.

Obtaining Information

The process of acquiring data or facts from various sources to increase knowledge or make informed decisions.