Valley Manufacturing Company's Beginning Work-In-Process Inventory Consisted of 10,000 Units,100
Multiple Choice
Valley Manufacturing Company's beginning work-in-process inventory consisted of 10,000 units,100% complete with respect to materials cost and 40% complete with respect to conversion costs.The total cost in the beginning inventory was $30,000.During the month,50,000 units were transferred out.The equivalent unit cost was computed to be $2.00 for materials and $3.70 for conversion costs under the weighted-average method.Given this information,what was the total cost of the units completed and transferred out?
A) $255,000.
B) $270,000.
C) $240,000.
D) $285,000.
Correct Answer:
Verified
Correct Answer:
Verified
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