Schachte Corporation Uses the Weighted Average Method of Process Costing

question 50

Multiple Choice

Schachte Corporation uses the weighted average method of process costing. The company had 7,000 units in ending work in process inventory, and it started 70,000 units this month. There were 12,000 units in beginning work in process inventory. If the total processing cost per equivalent unit is $3, what is the amount of cost transferred out of work in process this month?

• A) $189,000
• B) $210,000
• C) $225,000
• D) $231,000