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MC Qu. 13 The Gasson Company uses the weighted-average method in its process... The Gasson Company uses the weighted-average method in its process costing system.

MC Qu. 13 The Gasson Company uses the weighted-average method in its process... The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 12,000 units, The ending work in process inventory is 100% complete with respect to materials and 50% complete with respect to labor and overhead. If the costs per equivalent unit for the period $3.60 for the materials and $1.60 for labor and overhead, whatis the balance of the ending work in process inventory account would be: (Do not round Cost per equivalent unit)

$44,300

$42,700

$52,800

$62,400

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