Crafton Corporation Crafton Corporation has the following information for the current month:
All materials are added at the start of the production process.Crafton Corporation inspects goods at 75 percent completion as to conversion.
Refer to Crafton Corporation.Assume that the costs per EUP for material and conversion are $1.00 and $1.50,respectively.What is the cost assigned to normal spoilage,using weighted average,and where is it assigned?
A) $7,438 Units transferred out and Ending Inventory
B) $7,438 Units transferred out
C) $8,750 Units transferred out and Ending Inventory
D) $8,750 Units transferred out
Correct Answer:
Verified
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