Baron Corporation has two sequential processingdepartments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process.
| Beginning WIP Inventory |
8,000 units |
| Transferredminus-in costs in beginning WIP Inventory |
$110,200 |
| Direct materials cost in beginning WIP Inventory |
$24,500 |
| Conversion costs in beginning WIP Inventory |
$22,750 |
| Units transferredminus-in |
57,000 units |
| Transferredminus-in costs |
$546,300 |
| Units completed |
52,000 |
| Costs added: direct materials |
$167,120 |
| Costs added: conversion costs |
$245,570 |
| Ending WIP Inventory |
13,000 units |
| (40% complete for materials and 30% complete forconversion) |
|
The total cost of units in ending WIP Inventoryminus-Shaping would be closest to
A. $146,000.
B. $36,140.
C. $237,250.
D. $167,440.