Raider Corporation uses the weighted-average method in its process costing system.The Molding Department is the second department in its production process.The data below summarize the department's operations in January. The Molding Department's cost per equivalent unit for conversion cost for January was $3.19.
How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?
A) $22,106.70
B) $25,201.00
C) $20,160.80
D) $5,040.20

Question

Raider Corporation uses the weighted-average method in its process costing system.The Molding Department is the second department in its production process.The data below summarize the department's operations in January.  The Molding Department's cost per equivalent unit for conversion cost for January was $3.19.
How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?
A) $22,106.70 
B) $25,201.00 
C) $20,160.80 
D) $5,040.20

Quizplus · Accepted Answer

Weighted-average method
 11ea7761_1899_1500_81a5_a38982e77f5d_TB2580_00 11ea7761_1899_3c11_81a5_95f554cb40db_TB2580_00

Raider Corporation Uses the Weighted-Average Method in Its Process Costing