Question: the following information to answer the two bonus questions. eighty Steel processes a single type of steel. For the current period the following information All
the following information to answer the two bonus questions. eighty Steel processes a single type of steel. For the current period the following information All materials are added at the beginning of the production process. The beginning inventory was 40% complete as to conversion, while the ending inventory was 30% completed for conversion purposes. (Round all intermediate calculations to 2 decimal). Weighty uses the weighted-average costing method What is the total cost assigned to the units completed and transferred this period? A) $106,150 B) $109,440 C) $113,160 D) $120,100 Weighty uses the FIFO costing method What is the total cost assigned to the units completed and transferred this period? $106,150 B) 113,160 C) $113,170 D) S120,100
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