Using weighted-average, total cost to account for in a process is $100,000, evenly divided between...

80.2K

Verified Solution

Question

Accounting

Using weighted-average, total cost to account for in a process is $100,000, evenly divided between materials and conversion. Conversion consists of 75,000 equivalent units, divided one-fourth to work in process, and three-fourths to completed units, then:

A. conversion costs included in ending work in process are $10,000. B. conversion costs included in ending work in process are $12,500. C. conversion costs included in ending work in process are $25,000. D. conversion costs included in ending work in process are $50,000. E. None of these.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students