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15 Not yet answered Marked out of 1.00 Flag question Assume Eames Company uses a process costing system based on the weighted average method. Eames'
15 Not yet answered Marked out of 1.00 Flag question Assume Eames Company uses a process costing system based on the weighted average method. Eames' accountant produces the following equivalent unit calculations for the month of November: Where do the units come from? Beginning Inventory Staned 2,000 21,000 Total 23,000 Where do the units go? Equivalere Unks Drect Work Conversion Complete Tranfeed 20,000 Ending ven Total 3,000 25,000 100% 100% Material D 20,000 100% 3,000 25 23,000 20,000 750 Also assume that the beginning inventory had accumulated $15,500 of materials and $9,600 of conversion costs in the previous month. During the month of November, current costs included $157,460 of materials and $193,335 of conversion costs. Calculate the average cost per equivalent unit for conversion costs for the month of November. Select one: a. $0.10 b. $0.46 c. $8.82 O d. $9.32 e. $9.78 Previous Save Answers Question 10 Not yet answered Marked out of 1.00 Flag question Assume Eames Company uses a process costing system based on the weighted average method. Eames' accountant produces the following equivalent unit calculations for the month of November: Where do the units.com.hom Where do the unit go? Beginning entry Saned 2.000 21,000 Complete/Transfeed 20,000 Endingen Total 23.000 Toral 3.000 23,000 100% Equivalere Unk Direct Work Materials Done? 20,000 100% 3.000 25% 23,000 Conversion Costs 20.000 750 20,750 Also assume that the beginning inventory had accumulated $15,500 of materials and $9,600 of conversion costs in the previous month. During the month of November, current costs included $157,460 of materials and $193,335 of conversion costs. Calculate the average cost per equivalent unit for materials for the month of November. Select one: O a. $0.13 O b. $0.67 c. $6.85 d. $7.52 e. $8.34
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