Chapter 9, Problem 7ICA

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Nishith Corporation uses the weighted-average method in its process costing system.

General accounting question

October ! General accounting

I want the correct answer with accounting question

I want the correct answer with accounting question

Labor efficiency variance for October? General accounting

General accounting question

A company uses the weighted-average method for inventory costing. At the end of the period, 19,500 units were in the ending Work in Process inventory and are 100% complete for materials and 72% complete for conversion. The equivalent costs per unit are; materials, $2.75, and conversion $2.40. Compute the cost that would be assigned to the ending Work in Process inventory for the period.