total cost of the ending work in process inventory

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 14EA: A production department within a company received materials of $10,000 and conversion costs of...
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9. 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 company's
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
Transcribed Image Text:9. 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 company's 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
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