Zing Inc.calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods.
The cost of goods completed and transferred out under the weighted-average method is calculated to be:
A)$497,880.
B)$492,144.
C)$499,788.
D)$493,536.
E)$495,837.

Question

Zing Inc.calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods. 
The cost of goods completed and transferred out under the weighted-average method is calculated to be:
A)$497,880. 
B)$492,144. 
C)$499,788. 
D)$493,536. 
E)$495,837.

Quizplus · Accepted Answer

The Answer of Zing Inc.calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods. 
The cost of goods completed and transferred out under the weighted-average method is calculated to be:
A)$497,880. 
B)$492,144. 
C)$499,788. 
D)$493,536. 
E)$495,837.

Zing IncCalculates Cost for an Equivalent Unit of Production Using Both