Information for the current month for Process D is shown below. Units completed-72,000
Units in ending work in process inventory-5,000
Direct materials are added at the beginning of the process. Beginning work in process is 50 percent complete as to conversion costs; ending work in process inventory is 40 percent complete. Determine the cost of ending work in process inventory.
A) $7,040
B) $5,120
C) $3,200
D) $3,760

Question

Information for the current month for Process D is shown below.  Units completed-72,000
Units in ending work in process inventory-5,000
Direct materials are added at the beginning of the process. Beginning work in process is 50 percent complete as to conversion costs; ending work in process inventory is 40 percent complete. Determine the cost of ending work in process inventory.
A) $7,040 
B) $5,120 
C) $3,200 
D) $3,760

Quizplus · Accepted Answer

The Answer of Information for the current month for Process D is shown below.  Units completed-72,000
Units in ending work in process inventory-5,000
Direct materials are added at the beginning of the process. Beginning work in process is 50 percent complete as to conversion costs; ending work in process inventory is 40 percent complete. Determine the cost of ending work in process inventory.
A) $7,040 
B) $5,120 
C) $3,200 
D) $3,760

Information for the Current Month for Process D Is Shown