Question: Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to

had the following information available for the year. The number of units

Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is: Given Beginning Work in Process (40% complete, $1,100) 200 units Ending inventory of Work in Process (80% complete) 400 units Total units started during the year 3,200 units 3,000 units O 3.500 units 3,200 units 0 3.400 units A company that applies process costing is most frequently characterized by Custom orders and mass production Low standardization and high production volume Similar products and high production volume. Repetitive production and low production volume

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