Zippy Company has a process costing system. Information about units processed and processing costs incurred during a recent month in the Refining Department follow: The beginning work in process inventory had $10,946 of processing cost attached to it at the beginning of the month. During the month, the Department incurred an additional $289,954 in processing cost.
-Assuming that the company uses the weighted-average method,what are the equivalent units for processing costs for the Department for the month?
A)94,000
B)100,300
C)100,000
D)112,000

Question

Zippy Company has a process costing system. Information about units processed and processing costs incurred during a recent month in the Refining Department follow: The beginning work in process inventory had $10,946 of processing cost attached to it at the beginning of the month. During the month, the Department incurred an additional $289,954 in processing cost.
-Assuming that the company uses the weighted-average method,what are the equivalent units for processing costs for the Department for the month?
A)94,000 
B)100,300 
C)100,000 
D)112,000

Quizplus · Accepted Answer

Weighted-average method
 11eaa48f_7bd3_1149_9e4a_c71141ae9f20_TB2485_00

Zippy Company Has a Process Costing System