38 Chae Corporation uses the weightedaverage method in ins p

38 Chae Corporation uses the weighted-average method in ins process costing system This month, the ry in the first processing department.consisted of 740 units. The costs and percentage completon of these units in beginning inventory were Cost $8,300 Maternals costs Conversion costs 80% 30% A total of 8.500 units were started ond 800 units were transferred to the second processing department dunng the month. The followng costs were incured to the first processing department during the month Matenals costs 38,300 The ending inventory was 90% complete with respect to materals and 85% complete with respect to conversion costs Note: Your answers may ditfer from those offered below due to rounding error in all cases, select the answer thet is the closest to the answer you computed How many units are in ending work in process iniventory in the est processing department at the end of the morth? O 1440 Units O 1240 Units O 700 Units 7760 Units

Solution

Beginning work in process 740 completed & transferred 7,800 started during the year 8,500 Ending work in process 1,440 Units to be accounted 9240 Units accounted for 9,240 thus units in ending work in process are 1,440 units answer