Question
#14 A company is going to use process costing to calculate the cost of its products. The following information has been accumulated: Units Beginning work
#14 A company is going to use process costing to calculate the cost of its products. The following information has been accumulated:
Units
Beginning work in process 2000
Materials )%, Conversion 20%
units completed and transferred out 10,000
Ending work in process Material 90%,
Conversion 60% 1800
Beginning inventory cost consist of $ 2,000 for materials and $ 3000 for Conversion. The cost per equivalent unit of materials $4 and the cost per equivalents of conversion is $ 6. What is the amount of material cost that was added during the period using weighted average method.?
$41,680
$44,480
$46,480
$47,200
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