Realm Company uses process costing and had an equivalent cost of $2.30 per unit for direct
Materials and $1.80 per unit for conversion costs during May in its Rolling Department.There were 11,600 units completed and transferred to finished goods, and 1,000 units in ending Work in Process inventory for the Rolling Department that were 80% complete with respect to direct material and 60% complete with respect to conversion costs.How much is ending Work in Process in the Rolling Department at the end of May?
A) $47,560
B) $50,480
C) $2,920
D) $3,220
Correct Answer:
Verified
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