Question: A company uses process costing and the weighted average method. The following information was available for March: Units Costs Work in Process, March 1 520
A company uses process costing and the weighted average method. The following information was available for March:
| Units | Costs | |
| Work in Process, March 1 | 520 | $6,000 |
| Work in Process, March 30 | 300 | (A) |
During March, 840 units were started, and costs incurred during the month were $43,000. Ending inventory was 50% complete. Based on the information given, (A) above would equal what amount?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
