Use the Information Below to Answer the Following Questions

question 164

Multiple Choice

Use the information below to answer the following questions:
The Weighted Average method is used for process costing at OxyCorp, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

-What is the total cost of units remaining in ending WIP at OxyCorp?

• A) $73,995
• B) $94,128
• C) $84,764
• D) $131,786

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Definitions:

Monocots

A group of flowering plants (angiosperms) characterized by having a single embryonic leaf, or cotyledon, in their seeds.

Eudicots

A major grouping of flowering plants characterized by having two seed leaves, or cotyledons, upon germination.

Pfr

Phytochrome Far-red form, a light-absorbing form of the phytochrome plant photoreceptor, significant in regulating plant development in response to light.

Nerve Cord

A major nervous system component in many animals, typically running along the length of the body and functioning as the central pathway for nerve impulses.