Rariton Company uses the weighted-average method in its process costing system.The Moulding Department is the second department in its production process.The data below summarize the department's operations in January:
The Moulding Department's production report indicates that the cost per equivalent unit for conversion cost for January was $5.37.
How much conversion cost was assigned to the ending work-in-process inventory in the Moulding Department for January?
A) $4,081.20.
B) $10,203.00.
C) $10,310.40.
D) $6,121.80.

Question

Rariton Company uses the weighted-average method in its process costing system.The Moulding Department is the second department in its production process.The data below summarize the department's operations in January: 
The Moulding Department's production report indicates that the cost per equivalent unit for conversion cost for January was $5.37.
How much conversion cost was assigned to the ending work-in-process inventory in the Moulding Department for January?
A) $4,081.20. 
B) $10,203.00. 
C) $10,310.40. 
D) $6,121.80.

Quizplus · Accepted Answer

The Answer of Rariton Company uses the weighted-average method in its process costing system.The Moulding Department is the second department in its production process.The data below summarize the department's operations in January: 
The Moulding Department's production report indicates that the cost per equivalent unit for conversion cost for January was $5.37.
How much conversion cost was assigned to the ending work-in-process inventory in the Moulding Department for January?
A) $4,081.20. 
B) $10,203.00. 
C) $10,310.40. 
D) $6,121.80.

Rariton Company Uses the Weighted-Average Method in Its Process Costing