Sundae's Sundries uses the weighted average method of process costing. The company's ending work in process inventory consisted of 8,000 units that were 80% complete. Materials are added at the beginning of processing. The direct materials cost per equivalent unit was $3.20, and the conversion cost per equivalent unit was $1.80. What is the amount of cost Sundae would assign to ending work in process inventory?
A) $28,480
B) $37,120
C) $32,000
D) $40,000

Question

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The Answer of Sundae's Sundries uses the weighted average method of process costing. The company's ending work in process inventory consisted of 8,000 units that were 80% complete. Materials are added at the beginning of processing. The direct materials cost per equivalent unit was $3.20, and the conversion cost per equivalent unit was $1.80. What is the amount of cost Sundae would assign to ending work in process inventory?
A) $28,480
B) $37,120
C) $32,000
D) $40,000

Sundae's Sundries Uses the Weighted Average Method of Process Costing