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Lakeland Company uses process costing to determine product costs. The following is information for the current period: Units Material Costs Conversion Costs Beginning Inventory 3,000

Lakeland Company uses process costing to determine product costs. The following is information for the current period: Units Material Costs Conversion Costs Beginning Inventory 3,000 $4,570 $5,482 Started During the Current Period 20,000 $32,000 $77,393 Units completed and transferred out 2,500 All materials are added at the beginning of the production process. The beginning inventory was 40% complete as to conversion, and the ending inventory was 30% completed for conversion purposes. If Lakeland uses the weighted-average costing method, what is the total cost assigned to the units still in ending Work-in-Process inventory?

I don't understand how to get to the answer

Select one:

a. $6,900

b. $79,950

c. $91,518 Answer

d. $112,545

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