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Kidd Company uses a process costing system and the weighted average method The company had 1,800 units of product in its work in process Inventory
Kidd Company uses a process costing system and the weighted average method The company had 1,800 units of product in its work in process Inventory at the beginning of the period. During the period 5,000 additional units of product were started. At the end of the period there were 2,500 units of product in the Work In Process accountThe ending work in process Inventory was estimated to be 40% complete. The beginning work in process inventory had a balance of $8,000. Product costs totaling $124.000 were added to work process during the perlod. The amount of cost ending work process Inventory is: (Round cost per equivalent unit to the nearest whole collar).
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