Kau Kite Company uses the weighted average method in its process costing system. Kau's beginning work in proegss inventory in a particular department consisted of 8,000 kites. During the month, 42,000 kites were started while 44,000 were completed and transferred out of thd department. Kau had 45,500 equivalent units of production for conversion costs. The ending WIP inventory in the department consisted of Selected Answer O 6,000 kites, 50% complete with respect to conversion costs. Answers 6,000 kites, 50% complete with rospect to conversion costs. b.O kites 8,000 kites, 25% complete with respect to conversion costs. 4,00 kites, 37.5%% complete with respect to conversion costs How optoin d) is the correct option, please show work

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Kau Kite Company uses the weighted average method in its process costing system. Kau's beginning work in procgss inventory in a particular department consisted
of 8,000 kites. During the month, 42,000 kites were started while 44,000 were completed and transferred out of thd department. Kau had 45,500 oquivalent units of
production for conversion costs. The ending WIP inventory in the department consisted of
Selected Answer:
6,000 kites, 50% complete with respect to conversion costs.
Answers
6,000 kites, 50% complete with respect to conversion costs.
O kites
e. 8,000 kites, 25% complete with respect to conversion costs.
04 4,00 kites, 37.5% complete with respect to conversion costs
How optoin d) is the correct option, please show work
Transcribed Image Text:Kau Kite Company uses the weighted average method in its process costing system. Kau's beginning work in procgss inventory in a particular department consisted of 8,000 kites. During the month, 42,000 kites were started while 44,000 were completed and transferred out of thd department. Kau had 45,500 oquivalent units of production for conversion costs. The ending WIP inventory in the department consisted of Selected Answer: 6,000 kites, 50% complete with respect to conversion costs. Answers 6,000 kites, 50% complete with respect to conversion costs. O kites e. 8,000 kites, 25% complete with respect to conversion costs. 04 4,00 kites, 37.5% complete with respect to conversion costs How optoin d) is the correct option, please show work
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