Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Al Nabras Company uses the weighted average method in its process costing system. The company's ending work in process equivalent units were calculated as

  1. The Al Nabras Company uses the weighted average method in its process costing system. The company's ending work in process equivalent units were calculated as 11,000 units in respect to direct materials, and 9,000 units in respect to conversion. Also, total companys completed and transferred out equivalent units were calculated as 12,000 units for both direct materials and conversation cost. If the costs per equivalent unit are $8.00 for the materials and $5.20 for conversion, the total cost of the ending work in process inventory account would be: A. $160,000 B. $158,400 C. $293,200 D. $134,800

  1. Which of the following months will be covered under Quarter three:
  1. June, July, August
  2. July, August, September
  3. July, August, October
  4. August, September, October

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions