Wright Company
Wright Company adds material at the start of production.The following production information is available for September:
| Beginning Work in Process Inventory | ||
| (45% complete as to conversion) | 10,000 units | |
| Started this period | 120,000 units | |
| Ending Work in Process Inventory | 80% complete as to conversion) | 8,200 units |
| Beginning Work in Process Inventory Costs: | ||
| Material | $24,500 | |
| Conversion | 68,905 | |
| Current Period Costs: | ||
| Material | $ 75,600 | |
| Conversion | 130,053 |
Refer to Wright Company.What is the cost of units completed using the weighted average method?
A) $237,510
B) $266,742
C) $278,400
D) $282,576
Correct Answer:
Verified
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