Trapp Company Uses the Weighted-Average Method in Its Process Costing

question 86

Multiple Choice

Trapp Company uses the weighted-average method in its process costing system.The beginning work in process inventory in its Painting Department consisted of 3,000 units that were 70% complete with respect to materials and 60% complete with respect to conversion costs.The cost of the beginning work in process inventory in the department was recorded as $10,000.During the period,9,000 units were completed and transferred on to the next department.The costs per equivalent unit for the period were $2.00 for material and $3.00 for conversion costs.The cost of units transferred out during the month was?

• A) $35,400.
• B) $39,600.
• C) $45,000.
• D) $45,400.

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Definitions:

Earth-sustaining Economics

An economic system aimed at promoting sustainability, ensuring that economic activities do not compromise the well-being of the earth and its ecosystems.

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An environmentalist, entrepreneur, and author known for his work on sustainability and the environment, particularly in relation to business and economics.

Global Warming

A gradual increase in the overall temperature of the earth's atmosphere generally attributed to the greenhouse effect caused by increased levels of carbon dioxide, chlorofluorocarbons, and other pollutants.

Toxic Chemicals

Substances that can cause harm to organisms through chemical reactions or other processes when they are released into the environment.