A Company Uses the Weighted-Average Method for Inventory Costing

question 49

Multiple Choice

A company uses the weighted-average method for inventory costing.At the end of the period,22,000 units were in the ending Work in Process inventory and are 100% complete for materials and 75% complete for conversion.The equivalent costs per unit are materials,$2.65 and conversion $5.35.Compute the cost that would be assigned to the ending Work in Process inventory for the period.

• A)$146,575.
• B)$176,000.
• C)$87,725.
• D)$93,775.
• E)$132,000.

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Definitions:

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