Forever Company Manufactures Generic Notebooks

question 152

Multiple Choice

Forever Company manufactures generic notebooks.Material is introduced at the beginning of the process in the Printing Department.Conversion costs are applied uniformly throughout the process.The weighted-average method of product costing is used.Data for the Printing Department for the month of June follow: Work-in-process inventory,June 1:
With regard to the work-in-process inventory on June 30,materials are 100 percent complete and conversion costs are 60 percent complete.The total cost of the ending work-in-process inventory is ________.

• A)$104,400
• B)$111,996
• C)$122,175
• D)$127,260

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Definitions:

Pits

Small depressions or cavities on a surface, often used to describe features in plant or geological structures.

Carry Water

To transport or convey water from one place to another, often vital for irrigation or supplying drinking water.

Inorganic

Refers to chemical substances that are not made up of carbon-hydrogen bonds, typically including minerals, metals, and salts.

Particle Size

A characteristic measuring the dimensions of particles in a material or substance, impacting properties like flow, reactivity, and dispersion.