The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process stock consists of 10,000 units, 100% complete with respect to materials and 70% complete with respect to labour and overhead. If the costs per equivalent unit are £4.50 for the materials and £2.00 for labour and overhead, the balance of the ending work in process stock account would be
A) £44,500.
B) £50,500.
C) £59,000.
D) £65,000.
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