Question
Carter Inc. had the following production and cost information for its fabrication department during March: Units Work in process, March 1 (20% complete) ........... Units
Carter Inc. had the following production and cost information for its fabrication department during March:
| Units |
Work in process, March 1 (20% complete) ........... Units started in March ............................................... Work in process, March 31 (60% complete) ......... | 2,500 32,500 5,000 |
If the cost of beginning work-in-process was $7,000 and the cost added during the period was $92,000, what would be the total cost of units completed and transferred-out using the weighted average method?
Group of answer choices
A. $15,000
B. $90,000
C. $9,000
D. $32,000
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