{"id":155323,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/jimmy-company-uses-the-weighted-average-method-in-its-process-costing-system"},"modified":"2017-08-17T18:29:03","modified_gmt":"2017-08-17T18:29:03","slug":"jimmy-company-uses-the-weighted-average-method-in-its-process-costing-system","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/jimmy-company-uses-the-weighted-average-method-in-its-process-costing-system\/","title":{"rendered":"Jimmy Company uses the weighted-average method in its process costing system"},"content":{"rendered":"<p>Balance of the ending work in process inventory 4-6<\/p>\n<p>Jimmy Company uses the weighted-average method in its process costing system. The ending work in process inventory consists of 8,800 units. The ending work in process inventory is 100% complete with respect to materials and 68% complete with respect to labor and overhead. If the cost per equivalent unit for the period is $3.70 for material and $1.20 for labor and overhead, what is the balance of the ending work in process inventory account?<\/p>\n<p>$41,341<\/p>\n<p>$39,741<\/p>\n<p>$41,941<\/p>\n<p>$38,441<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Balance of the ending work in process inventory 4-6 Jimmy Company uses the weighted-average method in its process costing system. The ending work in process inventory consists of 8,800 units. The ending work in process inventory is 100% complete with <a href=\"https:\/\/www.benedictsol.com\/blogs\/jimmy-company-uses-the-weighted-average-method-in-its-process-costing-system\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-155323","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/155323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=155323"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/155323\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=155323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=155323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=155323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}