Use the following information for the next 10 questions.
Zuniga, Inc. uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally:
-Using the FIFO method, the cost of the ending work in process was:
A) $2,863
B) $7,113
C) $12,649
D) $13,958

Question

Use the following information for the next 10 questions.
Zuniga, Inc. uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally: 
-Using the FIFO method, the cost of the ending work in process was:
A) $2,863 
B) $7,113 
C) $12,649 
D) $13,958

Quizplus · Accepted Answer

The Answer of Use the following information for the next 10 questions.
Zuniga, Inc. uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally: 
-Using the FIFO method, the cost of the ending work in process was:
A) $2,863 
B) $7,113 
C) $12,649 
D) $13,958

Use the Following Information for the Next 10 Questions