Sundae's Sundries Uses the Weighted Average Method of Process Costing

question 116

Multiple Choice

Sundae's Sundries uses the weighted average method of process costing. The company's ending work in process inventory consisted of 8,000 units that were 80% complete. Materials are added at the beginning of processing. The direct materials cost per equivalent unit was $3.20, and the conversion cost per equivalent unit was $1.80. What is the amount of cost Sundae would assign to ending work in process inventory?

• A) $28,480
• B) $37,120
• C) $32,000
• D) $40,000

---

Definitions:

Community Databases

Collections of data that are accessible by a community of users, often focused on a specific area of interest or geographic area.

Assessment Strategies

Techniques and methods used by educators or healthcare professionals to evaluate understanding, performance, or conditions effectively.

Medicare Reimbursement Regulations

The rules and guidelines set by Medicare, which govern how healthcare providers are paid for services provided to Medicare beneficiaries.

Homebound Status

A condition in which a person is unable to leave their home due to physical, mental, or emotional health issues, often impacting their access to external services and social interactions.