Yimron Corporation uses the weighted-average method in its process costing system. Information for the month of March concerning Department A, the first stage of the company's production process, follows:
Materials are added at the beginning of the process. The ending work in process is 50% complete with respect to conversion costs. What cost would be recorded for the ending work in process inventory?
A) $3,400
B) $1,700
C) $4,400
D) $2,200

Question

Yimron Corporation uses the weighted-average method in its process costing system. Information for the month of March concerning Department A, the first stage of the company's production process, follows: 
Materials are added at the beginning of the process. The ending work in process is 50% complete with respect to conversion costs. What cost would be recorded for the ending work in process inventory?
A) $3,400 
B) $1,700 
C) $4,400 
D) $2,200

Quizplus · Accepted Answer

The Answer of Yimron Corporation uses the weighted-average method in its process costing system. Information for the month of March concerning Department A, the first stage of the company's production process, follows: 
Materials are added at the beginning of the process. The ending work in process is 50% complete with respect to conversion costs. What cost would be recorded for the ending work in process inventory?
A) $3,400 
B) $1,700 
C) $4,400 
D) $2,200

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