Kuzuck Corporation Uses the Weighted-Average Method in Its Process Costing

question 47

Multiple Choice

Kuzuck Corporation uses the weighted-average method in its process costing system.Data concerning the first processing department for the most recent month are listed below: Note: Your answers may differ from those offered below due to rounding error.In all cases,select the answer that is the closest to the answer you computed.To reduce rounding error,carry out all computations to at least three decimal places. The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to:

• A)$28,118
• B)$15,981
• C)$35,148
• D)$5,272

---

Definitions:

Intentional

Intentional refers to doing something with purpose or on purpose, indicating actions that are deliberate and planned.

Restructuring Strategy

A corporate management term referring to the act of reorganizing the legal, ownership, operational, or other structures of a company to make it more profitable or better organized for its present needs.

Merger

The combination of two or more companies into a single entity, often to leverage synergies, expand markets, or enhance efficiencies.

Liquidation

The process of bringing a business to an end and distributing its assets to claimants, often occasioned by bankruptcy or dissolution.