Ogden Company uses the weighted-average method in its process costing system.Information for the month of January concerning Department A,the first stage of the company's production process,follows: Materials are added at the beginning of the process.The ending work in process is 50% complete with respect to conversion costs.What cost would be recorded for the ending work in process inventory?
A) $3,400.
B) $4,400.
C) $6,800.
D) $8,800.

Question

Ogden Company uses the weighted-average method in its process costing system.Information for the month of January concerning Department A,the first stage of the company's production process,follows:  Materials are added at the beginning of the process.The ending work in process is 50% complete with respect to conversion costs.What cost would be recorded for the ending work in process inventory?
A) $3,400. 
B) $4,400. 
C) $6,800. 
D) $8,800.

Quizplus · Accepted Answer

The Answer of Ogden Company uses the weighted-average method in its process costing system.Information for the month of January concerning Department A,the first stage of the company's production process,follows:  Materials are added at the beginning of the process.The ending work in process is 50% complete with respect to conversion costs.What cost would be recorded for the ending work in process inventory?
A) $3,400. 
B) $4,400. 
C) $6,800. 
D) $8,800.

Ogden Company Uses the Weighted-Average Method in Its Process Costing