Question: The answer is B. But could you explain how to get to the answer? 13. Value opening work in progress: (1,500 Materials, 63,000 conversion This

The answer is B. But could you explain how to get to the answer?

13. Value opening work in progress: (1,500 Materials, 63,000 conversion This month's production: $2,000 Materials, C6,000 conversion Department A o completed Units Materials Conversion Work in Progress, 12 January 400 80% 20% Units started into production in January 5,000 Work in Progress, 31" January 600 70% 30% What is the cost of the closing work in progress using the weighted average method? A) 6376 B) 6607 ( 61,010 D) (1,444

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