Answer the following questions using the information below:
Dustin Plastics, Inc., manufactures plastic moldings for car seats. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.

-What is the total amount of the work-in-process ending inventory for Department A at the end of February?
A) $ 385,970
B) $619,900
C) $ 315,571
D) $ 276,157
E) $315,571

Question

Answer the following questions using the information below:
Dustin Plastics, Inc., manufactures plastic moldings for car seats. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. 
 
-What is the total amount of the work-in-process ending inventory for Department A at the end of February?
A) $ 385,970 
B) $619,900 
C) $ 315,571 
D) $ 276,157 
E) $315,571

Quizplus · Accepted Answer

(100 units × $2,750) + [(100 × 0.30) × $3,699] = $385,970

Answer the Following Questions Using the Information Below