Jumper Company uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:
-How many units were in the ending work in process inventory?
A)600 units
B)1,000 units
C)800 units
D)1,400 units

Question

Jumper Company uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: 
-How many units were in the ending work in process inventory?
A)600 units 
B)1,000 units 
C)800 units 
D)1,400 units

Quizplus · Accepted Answer

Units in ending work in process = Units in beginning work in process + Units started into production - Units transferred to the next department = 400 + 15,000 - 14,400 = 1,000

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