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Marion Company uses process costing and the weighted average method. The following information was available for April: units Costs Work in Process, April 1 100
Marion Company uses process costing and the weighted average method. The following information was available for April:
units | Costs | ||||||
Work in Process, April 1 | 100 | $ | 3,000 | ||||
Work in Process, April 30 | 200 | (A) | |||||
During April, 1,000 units were started, and costs incurred during the month were $37,000. Ending inventory was 50% complete. Based on the information given, (A) above would equal what amount?
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