Habitat Company uses the weighted average method in its costing system.In the assembly department,the equivalent units for conversion costs amounted to 35,000 for the month of May.In beginning work in process,5,000 units were 50% complete.During the month,33,000 units were started and 31,400 were completed and transferred.How many units were in the ending work in process?
A) 3,600 units
B) 5,000 units
C) 6,600 units
D) 7,000 units
Correct Answer:
Verified
Q27: Beginning inventory for the month contained 3,000
Q28: Which of the following methods combines partially
Q29: Which is the best description of the
Q31: For which process costing method is simplicity
Q33: Which of the following methods can be
Q34: Which of the following is included in
Q35: What is the major advantage of the
Q36: The following information concerns Transformation Inc.'s
Q37: Which of the following methods considers the
Q66: Which statement best defines the concept of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents