9. The Al Nabras Company uses the weighted average method in its process costing system. The company's ending work in process equivalent units were calculated as 11,000 units in respect to direct materials, and 9,000 units in respect to conversion. Also, total companies completed and transferred out equivalent units were calculated as 12,000 units for both direct materials and conversation cost. If the costs per equivalent unit are $8.00 for the materials and $5.20 for conversion, the total cost of the ending work in process inventory account would be: A. $160,000 B. $158,400 C. $293,200 D. $134,800
9. The Al Nabras Company uses the weighted average method in its process costing system. The company's ending work in process equivalent units were calculated as 11,000 units in respect to direct materials, and 9,000 units in respect to conversion. Also, total companies completed and transferred out equivalent units were calculated as 12,000 units for both direct materials and conversation cost. If the costs per equivalent unit are $8.00 for the materials and $5.20 for conversion, the total cost of the ending work in process inventory account would be: A. $160,000 B. $158,400 C. $293,200 D. $134,800
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Solve this question with steps. The subject is Managerial Accounting .
Transcribed Image Text:9. The Al Nabras Company uses the weighted average method in its process costing
system. The company's ending work in process equivalent units were calculated as
11,000 units in respect to direct materials, and 9,000 units in respect to conversion.
Also, total companies completed and transferred out equivalent units were calculated
as 12,000 units for both direct materials and conversation cost. If the costs per
equivalent unit are $8.00 for the materials and $5.20 for conversion, the total cost of
the ending work in process inventory account would be:
A. $160,000
B. $158,400
C. $293,200
D. $134,800
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