QUESTION 9 anford Company completed and transferred out 2,300 units in May 2020. There were 200 units in the Worl entory on May 31, 2020, 30% complete as to conversion costs and 100% complete as to materials. The ma version costs and material costs were $9,440 and $6,250, respectively. There was no beginning inventory mat is the cost of the work transferred-out during May, assuming that Cranford uses weighted-average pro $8,510. $14,950. $15,690. $16,250.

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QUESTION 9
Cranford Company completed and transferred out 2,300 units in May 2020. There were 200 units in the Work-in-Process
Inventory on May 31, 2020, 30% complete as to conversion costs and 100% complete as to materials. The month's charges fo
conversion costs and material costs were $9,440 and $6,250, respectively. There was no beginning inventory on May 1, 2020.
What is the cost of the work transferred-out during May, assuming that Cranford uses weighted-average process costing?
$8,510.
$14,950.
$15,690.
$16,250.
QUESTION 10
Morgenstern Company had Work-in-Process Inventories that were 45% complete at the start of the month. Work-in-Process a
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Transcribed Image Text:QUESTION 9 Cranford Company completed and transferred out 2,300 units in May 2020. There were 200 units in the Work-in-Process Inventory on May 31, 2020, 30% complete as to conversion costs and 100% complete as to materials. The month's charges fo conversion costs and material costs were $9,440 and $6,250, respectively. There was no beginning inventory on May 1, 2020. What is the cost of the work transferred-out during May, assuming that Cranford uses weighted-average process costing? $8,510. $14,950. $15,690. $16,250. QUESTION 10 Morgenstern Company had Work-in-Process Inventories that were 45% complete at the start of the month. Work-in-Process a lick Save and Submit to save and submit. Click Save All Answers to save all answers. ▶
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