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Weighty Steel processes a single type of steel. For the current period the following information is given: Units Material Costs Conversion Costs $4,700 $5,900 78,400

Weighty Steel processes a single type of steel. For the current period the following information is given: Units Material Costs Conversion Costs $4,700 $5,900 78,400 32,400 Beginning Inventory Started During the Current Period Ending Inventory 3,500 20,300 3,100 All materials are added at the beginning of the production process. The beginning inventory was 40% complete as to conversion, while the ending inventory was 25% completed for conversion purposes. Weighty uses the weighted average costing method. What is the total cost assigned to the units completed and transferred this period? (Round intermediary dollar amounts to the nearest cent and total costs to the nearest whole dollar.) A. $113,643 B. $106,320 OC. $121,400 O D. $103,190 ...
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Weighty Steel processes a single type of steel. For the current period the following information is given: All materials are added at the beginning of the production process. The beginning inventory was 40% complete as to conversion, while the ending inventory was 25% completed for conversion purposes. Weighty uses the weighted - average costing method. What is the total cost assigned to the units completed and transferred this period? (Round intermediary dollar amounts to the nearest cent and total costs to the nearest whole dollar.) A. $113,643 B. $106,320 C. $121,400 D. $103,190

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