Gunes Corporation Uses the Weighted-Average Method in Its Process Costing

question 348

Multiple Choice

Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:
The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.How many units are in ending work in process inventory in the first processing department at the end of the month?

• A) 1,900
• B) 1,100
• C) 7,700
• D) 900

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Definitions:

Germ Cells

Reproductive cells that give rise to sperm and ova, which are essential for sexual reproduction and the transfer of genetic information to offspring.

Zygotes

The initial cell formed when a new organism is produced by the fusion of an egg and sperm cell, marking the start of development.

Somatic Cells

Any cell of the body except sperm and egg cells, which are involved in the formation of an organism's tissues and organs.

Chromosomal Abnormalities

Genetic disorders caused by changes in the number or structure of chromosomes, leading to physical or mental developmental issues.