Question: Savad Help Save & Exit A company's beginning Work in Process inventory consisted of 24,000 units that were 20% complete with respect to direct labor.
Savad Help Save & Exit A company's beginning Work in Process inventory consisted of 24,000 units that were 20% complete with respect to direct labor. These beginning units were completed and another 96,400 units were started during the current period. Of those started, 64,000 were finished and the remaining 32.400 were 40% complete at the end of the period. Using the weighted-average method, the equivalent units of production with regard to direct labor were Multiple Choice 104,800 83,200. 79,600 54,000 100,950 Seved Help Save & Exit A company uses the weighted average method for inventory costing. At the end of the period 20,000 units were in the ending Work in Process Inventory and are 100% complete for materials and 85% complete for conversion. The equivalent costs per unit are materials, $2.75, and conversion $2.26. Compute the cost that would be assigned to the ending Work in Process inventory for the period. Multiple Choice $140,590 $93.290 O $93420 $148,840. $165.400 Nave
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