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A company uses the weighted-average method for inventory costing. At the end of the period, 17,000 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, 17,000 units were in the ending Work in Process inventory and are 100% complete for materials and 70% complete for conversion. The equivalent costs per unit are materials, $2.60, and conversion $2.19. Compute the cost that would be assigned to the ending Work in Process inventory for the period. Multiple Choice $70,261. $136,510 $64,067 O $108,817 O $95,557
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