Question
112.) A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has
112.) A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month.
124 units in beginning WIP (37% complete with respect to conversion costs).
10,002 units started
159 units in ending WIP (62% complete with respect to conversion costs).
$23 direct material cost per equivalent unit
$22 conversion cost per equivalent unit
What is the department's total cost of ending WIP for this month (round final answer to nearest cent if necessary)?
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Introduction To Managerial Accounting
Authors: Peter C. Brewer
Custom Edition
0077842987, 978-0077842987
