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Trine Corporation has a process costing system and during the period completed 60,000 units which were transferred to finished goods. At the end of the
Trine Corporation has a process costing system and during the period completed 60,000 units which were transferred to finished goods. At the end of the period they had 15,000 units still in work-in-process for which equivalent units for materials was 7,000 and for conversion was 9,000. If the cost per equivalent unit for materials was $6.00 and for conversion was $9.00, what is the total cost Trine would assign to ending work-in-process?
a. | $1,023,000 | |
b. | $ 900,000 | |
c. | $ 123,000 | |
d. | $ 225,000 |
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