A company using process costing completed and transferred, Financial Accounting

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A company using process costing completed and transferred

A company using process costing completed and transferred 40,000 units of product to finished goods inventory. In addition to the transferred units, 15,000 additional units were in process 60% complete when the period ended. If total conversion costs to be allocated were $61,250, how much conversion cost would be assigned to the ending work in process inventory?

A. $11,250

B. $18,750

C. $20,455

D. $13,500

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Financial Accounting: A company using process costing completed and transferred

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Financial Accounting: A company using process costing completed and transferred

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