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During December, Krause Chemical Company had the following selected data concerning the manufacture of Xyzine, an industrial cleaner. All material is added at the beginning of processing in this department, and conversion costs are added uniformly during the process. The beginning work-in-process inventory had $120 of raw material and $180 of conversion costs incurred. Material added during December was $540 and conversion costs of $1,484 were incurred. Krause uses the weighted-average process-costing method. when weighted-average is applied ,which shall not be considered? A.The beginning work-in-process inventory B.The ending work-in-process inventory C. The ending completed inventory D. the rate of completing |