Knight Corporation Knight Corporation has the following information for the current month:
All materials are added at the start of the production process.Knight Corporation inspects goods at 75 percent completion as to conversion.
Refer to Knight Corporation.Assume that the costs per EUP for material and conversion are $2.00 and $2.25,respectively.Assuming that weighted average is used,what is the cost assigned to ending inventory?

Question

Knight Corporation Knight Corporation has the following information for the current month:
 All materials are added at the start of the production process.Knight Corporation inspects goods at 75 percent completion as to conversion.
Refer to Knight Corporation.Assume that the costs per EUP for material and conversion are $2.00 and $2.25,respectively.Assuming that weighted average is used,what is the cost assigned to ending inventory?

Quizplus · Accepted Answer

The Answer of Knight Corporation Knight Corporation has the following information for the current month:
 All materials are added at the start of the production process.Knight Corporation inspects goods at 75 percent completion as to conversion.
Refer to Knight Corporation.Assume that the costs per EUP for material and conversion are $2.00 and $2.25,respectively.Assuming that weighted average is used,what is the cost assigned to ending inventory?

Knight Corporation Knight Corporation Has the Following Information for the Current