Question: A company uses the weighted average method for inventory costing at the end of the perlod, 17000 units were in the ending Work in Process

 A company uses the weighted average method for inventory costing at

A company uses the weighted average method for inventory costing at the end of the perlod, 17000 units were in the ending Work in Process inventory and are 100% complete for materials and 70% complete for conversion. The equivalent costs per unit are materials, $2.60. and conversion $2.19. Compute the cost that would be assigned to the ending Work In Process inventory for the pertod Multiple Choice $95,557 O $64,067 O $108,877 $136.510

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!