Rariton Company uses the weighted-average method in its process costing system.The Moulding Department is the second department in its production process.The data below summarize the department's operations in January: The Moulding Department's production report indicates that the cost per equivalent unit for conversion cost for January was $5.37.
How much conversion cost was assigned to the ending work-in-process inventory in the Moulding Department for January?
A) $4,081.20.
B) $10,203.00.
C) $10,310.40.
D) $6,121.80.
Correct Answer:
Verified
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