Zuniga Ltd 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

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The Answer of Zuniga Ltd 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

Zuniga Ltd Uses a Process Costing System