Business, 11.02.2020 05:33 magicgeek4980

Chen Corporation, a new company, adds material at the beginning of its production process; conversion

cost, in contrast, is incurred evenly throughout manufacturing. During May, the firm completed 15,000

units and had ending work in process of 2,000 units, 60% complete. Equivalent-unit costs were:

materials, $15; conversion, $22.

59. The cost of the company's ending work-in-process inventory is:

A. $26,640.

B. $44,400.

C. $56,400.

D. $74,000.

E. some other amount.

Answer is C but need to see calculation please.

Answers: 2

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Chen Corporation, a new company, adds material at the beginning of its production process; conversio...