A Company Uses the Weighted-Average Method for Inventory Costing

question 101

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) $93,775.
• C) $87,725.
• D) $176,000.
• E) $132,000.

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Definitions:

Auditory Preferences

Individual differences in the liking or enjoyment of sounds, which can influence learning styles and communication methods.

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Babies in the initial phase of life, typically defined as the first four weeks after birth, characterized by rapid physiological and developmental changes.

Human Voice

The unique sound produced by the vocal cords of humans, used for speaking, singing, and other forms of communication.

Phoneme Change

The alteration in the sound of a phoneme, which can significantly affect the meaning of words in a language.