Solution-Cost of ending work in process inventory

Cost of ending work in process inventory

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Reference no: EM13490933

Question

Lowler Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

1870_Lowler Corporation.png

Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places.

The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to:
Answer

$102,383

$71,668

$31,711

$10,238

Reference no: EM13490933

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Cost of ending work in process inventory

Reference no: EM13490933

Reference no: EM13490933

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