Question: A company uses the weighted-average method for inventory costing. At the end of the period, 23,000 units were in the ending Work in Process inventory

A company uses the weighted-average method for inventory costing. At the end of the period, 23,000 units were in the ending Work in Process inventory and are 100% complete for materials and 76% complete for conversion. The equivalent costs per unit are materials, $2.66, and conversion $2.20. Compute the cost that would be assigned to the ending Work in Process inventory for the period. Multiple Choice $99,636 $186,530. $94,716. $156,446 $141,763
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