Question

Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 700 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 5,800 50% Conversion costs $ 2,000 20% A total of 7,100 units were started and 6,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs $ 159,000 Conversion costs $ 120,700 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. How many units are in ending work in process inventory in the first processing department at the end of the month? Multiple Choice 700 1,050 6,400 1,400

Answer 1

Correct Answer ----1400

Calculations

		Units
Reconciliation of Units
A	Opening WIP	700
B	Introduced	7,100
C=A+B	TOTAL	7,800
D	Transferred	6,400
E=C-D	Closing WIP	1,400