Solution-What cost would be recorded for the ending

What cost would be recorded for the ending inventory

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Question - Clover Sweet Company uses the weighted-average method in its process costing system. Information for the month of February concerning Department A, the first stage of the company's production process, follows:

	Materials	Conversion costs
Work in process, beginning	$7,000	$5,000
Current added during January	$45,000	$37,000
Equivalent units of production	105,000	100,000
Cost per equivalent unit	$0.58	$0.50

Units completed and transferred to the next department	95,000 units
Work in process, ending	15,000 units

Materials are added at the beginning of the process. The ending work in process is 60% complete with respect to conversion costs. What cost would be recorded for the ending work-in-process inventory?

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What cost would be recorded for the ending inventory

Reference no: EM132255756

Reference no: EM132255756

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