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6.) Price Company produces grape juice in a continuous process. The company employs a weighted average process costing system. Data concerning activity in January at

6.) Price Company produces grape juice in a continuous process. The company employs a weighted average process costing system. Data concerning activity in January at the company are given in the table below.

Direct Materials

Conversion Costs

Equivalent units in ending WIP

1,250

1,000

Costs per equivalent unit

$25

$35

A total of 150,500 completed units were transferred out to finished goods during January. The total cost of the ending work-in-process is:

A. $75,000 B. $66,250 C. $9,030,000 D. $9,165,000

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