Question: 1. Lucas Company uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming

1. Lucas Company uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the rst of two stages in its production process. Information concerning operations in the Forming Department in October follows: Units Materials Cost Work in process on October 1 6,000 $3,000 Units started during October 50,000 $25,560 Units completed and transferred to the next 44.000 Department thmngOctoher What was the materials cost of work in process at October 31'? A. $3,060 B. $5,520 C. $6,000 D. $6,120

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