During December, Rian Company's Department B equivalent unit product costs, computed under the weighted average method: Materials: P1 Conversion: 3 Transferred in: 5 Materials are introduced at the end of the process in Department B. Work in process at December 31 shows 4,000 units (which were 40% complete as to conversion costs). The total costs assigned to the December 31 work in process inventory should be: * O a. 36,000 O b. 28,800 O c. 27,200 O d. 24,800

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 24

Cost Accounting
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During December, Rian Company's Department B equivalent unit product costs, computed
under the weighted average method:
Materials: P1
Conversion: 3
Transferred in: 5
Materials are introduced at the end of the process in Department B. Work in process at
December 31 shows 4,000 units (which were 40% complete as to conversion costs). The total
costs assigned to the December 31 work in process inventory should be: *
O a. 36,000
O b. 28,800
O c. 27,200
O d. 24,800
Transcribed Image Text:During December, Rian Company's Department B equivalent unit product costs, computed under the weighted average method: Materials: P1 Conversion: 3 Transferred in: 5 Materials are introduced at the end of the process in Department B. Work in process at December 31 shows 4,000 units (which were 40% complete as to conversion costs). The total costs assigned to the December 31 work in process inventory should be: * O a. 36,000 O b. 28,800 O c. 27,200 O d. 24,800
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