Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 900 Materials costs$9,600 Conversion costs$7,700 Percent complete with respect to materials 60%Percent complete with respect to conversion 45%Units started into production during the month 8,100 Units transferred to the next department during the month 6,900 Materials costs added during the month$115,800 Conversion costs added during the month$120,500 Ending work in process inventory: Units in ending work in process inventory 2,100 Percent complete with respect to materials 75%Percent complete with
respect to conversion 20% The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to:
A. $50,888
B. $13,570
C. $30,660
D. $67,851
Answer: C
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