Multiple Choice
Stay Corporation uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 8,000 units, 60% complete with respect to materials and 80% complete with respect to conversion costs. If the total cost in this inventory is $200,000 and if the cost for materials is $16 per equivalent unit for the period, the conversion cost per equivalent unit of the production for the period must be:
A) $19.25
B) $16.00
C) $25.67
D) $31.25
Correct Answer:
Verified
Correct Answer:
Verified
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