Solved

Information for the Current Month for Process D Is Shown

Question 34

Multiple Choice

Information for the current month for Process D is shown below. Information for the current month for Process D is shown below. Units completed-72,000 Units in ending work in process inventory-5,000 Direct materials are added at the beginning of the process. Beginning work in process is 50 percent complete as to conversion costs; ending work in process inventory is 40 percent complete. Determine the cost of ending work in process inventory. A) $7,040 B) $5,120 C) $3,200 D) $3,760 Units completed-72,000
Units in ending work in process inventory-5,000
Direct materials are added at the beginning of the process. Beginning work in process is 50 percent complete as to conversion costs; ending work in process inventory is 40 percent complete. Determine the cost of ending work in process inventory.


A) $7,040
B) $5,120
C) $3,200
D) $3,760

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: The Taylor Company uses a process costing

Q30: Susan's Plastics, Inc., manufactures a line of

Q31: Which of the following products probably would

Q32: Information for the current month for Process

Q35: Use the following information to perform the

Q36: The most commonly used method to assign

Q37: Use the following data from a company

Q38: Direct materials costs and conversion costs for

Q39: The Taylor Company uses a process costing

Q129: If 45,000 units of ending work in