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MegaRock Produces Quick Setting Concrete Mix

Question 58

Multiple Choice

MegaRock produces quick setting concrete mix. Production of 200,000 tons was started in April, 190,000 tons were completed. Material costs were $3,152,000 for the month while conversion costs were $591,000. There was no beginning work-in-process; the ending work-in-process was 70% complete.
- What is the cost of the product that remains in work-in-process?


A) $591,000.
B) $131,005.
C) $187,150.
D) $133,000.

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