During December, Rian Company's Department B equivalent unit product costs, computed under the weighted average method: Materials: P1 Conversion: 3 Transferred in: 5 Materials are introduced at the end of the process in Department B. Work in process at December 31 shows 4,000 units (which were 40% complete as to conversion costs). The total costs assigned to the December 31 work in process inventory should be: * O a. 36,000 O b. 28,800 O c. 27,200 O d. 24,800

During December, Rian Company's Department B equivalent unit product costs, computed under the weighted average method: Materials: P1 Conversion: 3 Transferred in: 5 Materials are introduced at the end of the process in Department B. Work in process at December 31 shows 4,000 units (which were 40% complete as to conversion costs). The total costs assigned to the December 31 work in process inventory should be: * O a. 36,000 O b. 28,800 O c. 27,200 O d. 24,800

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 7BE: In October, the cost of materials transferred into the Rolling Department from the Casting...

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