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Cameron Company uses a process costing system and the weighted average method to account for its production. The following information was available for August: unitsCostsWork
Cameron Company uses a process costing system and the weighted average method to account for its production. The following information was available for August:
unitsCostsWork in Process, August 1120$3990Work in Process, August 31300(A)
During the month, 1000 units were started into production, and $6000 in costs were incurred. Ending inventory was 50% complete. The cost of ending inventory would be:(Do not round your intermediate calculations. Round your final answer to the nearest dollar.)
$1544.85.$6085.$8445.$6000.
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