Price Company produces grape juice in a continuous process that is sold to wineries. The company employs a weighted average process costing system. Data concerning activity in January at the company are given in the table below.

- A total of 40,000 completed units were transferred out to finished goods during January. The total cost of the ending work-in-process is:

Question

Price Company produces grape juice in a continuous process that is sold to wineries. The company employs a weighted average process costing system. Data concerning activity in January at the company are given in the table below.

- A total of 40,000 completed units were transferred out to finished goods during January. The total cost of the ending work-in-process is:

Quizplus · Accepted Answer

The correct answer is based on the information provided, which is insufficient to calculate the total cost of the ending work-in-process directly. However, given the options and without additional data such as the cost per unit or the beginning work-in-process costs, it's not possible to accurately determine the correct answer. The choice provided as correct (C) is selected based on the assumption that there might be a specific context or additional information in the original question scenario that was not included in the query.

Price Company Produces Grape Juice in a Continuous Process That