Answer the Following Question(s)using the Information Below

question 8

Multiple Choice

Answer the following question(s) using the information below:
Hawk Ltd.uses process costing in its Fabricating Department.At the beginning of October, it had 12,000 units in beginning work-in-process that were 40% complete with respect to conversion.During October it put 87,000 units into production and completed 89,000 good units.At October 31, there were 3,000 units in ending work-in-process that were 70% complete with respect to conversion.Direct materials are added at the beginning of the process.Inspection occurs at the end of the process and normal spoilage is 6% of good output.Costs related to the beginning inventory were $36,800 for direct materials and $28,600 for conversion costs.During the month, the company issued $280,000 of direct materials and incurred $599,400 of conversion costs.
-Assuming Hawk uses the FIFO method of process costing, the cost of the ending work-in-process inventory is

• A)$23,040.
• B)$23,142.
• C)$28,800.
• D)$28,920.
• E)$19,200.

---

Definitions:

Deactivator

In organic chemistry, a substance that reduces the reactivity of a catalyst or chemical reactant, often by adsorption or by changing its chemical nature.

O,p-director

Substituents in aromatic chemistry that direct incoming substituents to the ortho and para positions on a benzene ring.

Electrophilic Iodination

A chemical reaction involving the addition of an iodine atom to a substrate, typically facilitated by an electrophile.

Major Organic Product

Refers to the main product obtained in the highest yield from an organic reaction, distinguished from any side products or minor products.