Macey Ltd Uses a Weighted-Average Process Costing System

question 87

Multiple Choice

Macey Ltd uses a weighted-average process costing system. Beginning inventory consists of 6,000 units, 40% complete. Units started are 14,000, completed are 10,000, and ending inventories are 9,000 units, 70% complete. Normal spoilage is 5% of the units inspected. Direct material is added at the 75% point and spoilage inspection occurs at the 80% point. The cost per equivalent unit for materials was $1.00 and $3.00 for conversion costs. The loss from abnormal spoilage was

• A) $1,530
• B) $1,800
• C) $1,440
• D) $1,080

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