Multiple Choice
A company uses the weighted-average method for inventory costing.At the end of the period,22,000 units were in the ending Work in Process inventory and are 100% complete for materials and 75% complete for conversion.The equivalent costs per unit are materials,$2.65 and conversion $5.35.Compute the cost that would be assigned to the ending Work in Process inventory for the period.
A) $146,575.
B) $176,000.
C) $87,725.
D) $93,775.
E) $132,000.
Correct Answer:
Verified
Correct Answer:
Verified
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