Clover Sweet Company Uses the Weighted-Average Method in Its Process

Multiple Choice

Clover Sweet Company uses the weighted-average method in its process costing system.Information for the month of February concerning Department A,the first stage of the company's production process,follows:
$\begin{array}{|l|c|c|}\hline &\text { Materials }&\text {Conversion cost }\\ \hline \text { Work in process, beginning } & \$ 7,000 & \$ 5,000 \\\hline \begin{array}{l}\text { Current added during } \\\text { January }\end{array} & \$ 45,000 & \$ 37,000 \\\hline \begin{array}{l}\text { Equivalent units of } \\\text { production }\end{array} & 105,000 & 100,000 \\\hline \text { Cost per equivalent unit } & \$ 0.58 & \$ 0.5 \\\hline\end{array}$

$$\begin{array} { | l | l | } \hline \begin{array} { l } \text { Units completed and transferred to the next } \\\text { department }\end{array} & 95,000 \text { units } \\\hline \text { Work in process, endirg } & 15,000 \text { units } \\\hline\end{array}$$
Materials are added at the beginning of the process.The ending work in process is 60% complete with respect to conversion costs.What cost would be recorded for the ending work-in-process inventory?

A) $13,500
B) $13,200
C) $14,300
D) $12,300