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Cranford Company completed and transferred out 3,100 units in May 2020. There were 200 units in the Work-in-Process Inventory on May 31, 2020, 30% complete
Cranford Company completed and transferred out 3,100 units in May 2020. There were 200 units in the Work-in-Process Inventory on May 31, 2020, 30% complete as to conversion costs and 100% complete as to materials. The month's charges for conversion costs and material costs were $13,430 and $10,890, respectively. There was no beginning Inventory on May 1, 2020. What is the cost of the work transferred-out during May, assuming that Cranford uses weighted-average process costing? Multiple Choice $24.320. O O $20.890 $23.405. O $12.975
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