Acompany uses the weighted-average method for inventory costing. at the end of the period, 21,000 units were in the ending work in process inventory and are 100% complete for materials and 66% complete for conversion. the equivalent costs per unit are; materials, $2.56, and conversion $2.25. compute the cost that would be assigned to the ending work in process inventory for the period.

$84,945.

$169,260.

$75,680.

$129,990.

$111,712.

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

The adjusted trial balance for china tea company at december 31, 2018, is presented below: