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A company uses the weighted-average method for inventory costing. At the end of the period, 20,000 units were in the ending Work in Process inventory

A company uses the weighted-average method for inventory costing. At the end of the period, 20,000 units were in the ending Work in Process inventory and are 100% complete for materials and 85% complete for conversion. The equivalent costs per unit are materials, $2.75, and conversion $2.26. Compute the cost that would be assigned to the ending Work in Process inventory for the period. Multiple Choice $93,420. $165,400. $93,290. $148,840. $140,590.

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