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Yimron Corporation uses the weighted-average method in its process costing system. Information for the month of March concerning Department A, the first stage of the company's production process, follows:

Materials Conversion Cost
Work in process, beginning $4,900 $2,600
Costs added during March $19,300 $15,700
Cost per equivalent unit $.25 $.17
Units completed and transferred to the next department 84,000 units
Work in process, ending 9,800 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?

a) $4,116

b) $1,724.8

c) $3,449.6

d) $4,949.6

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9407221

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