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lakkis [162]
3 years ago
14

In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $13,000 and ending

work in process inventory of $18,000. During the month, the cost of units transferred out from the department was $148,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be:a. $31,000 b. $119,000 c. $132,000 d. $166,000
Business
1 answer:
inessss [21]3 years ago
6 0

Answer:

d. $166,000

Explanation:

Under the weighted average method,  cost to be accounted =

cost ending work in process inventory of $18,000 + cost of unit to be transfer out of $148,00

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