Answer the following questions using the information below:
Lehman Pottery Company manufactures clay molded pottery on an assembly line. Its standard costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Finishing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production.
Data for the Assembly Department for August 2008 are:
Costs for August:

-What is the balance in ending work-in-process inventory?
A)$25,500
B)$ 38,500
C)$15,600
D)$18,900

Question

Answer the following questions using the information below:
Lehman Pottery Company manufactures clay molded pottery on an assembly line. Its standard costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Finishing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production.
Data for the Assembly Department for August 2008 are:
    Costs for August:
  
-What is the balance in ending work-in-process inventory?
A)$25,500 
B)$ 38,500 
C)$15,600 
D)$18,900

Quizplus · Accepted Answer

The ending work-in-process inventory is calculated based on the costs of unfinished goods at the end of a period. Without additional context or data, option D is provided as the correct choice.

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