Multiple Choice
Use the following information to answer the following Questions
Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 20% complete. The following data pertain to May:
-Using the weighted-average method of process costing, the total costs remaining in work in process on May 31 are:
A) $0.
B) $12,040.
C) $17,480.
D) $25,640.
E) None of the answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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