Question
6) Kimbeth Manufacturing uses a process cost system to manufacture Dust Density Sensors for the mining industry. The following information pertains to operations for the
6) Kimbeth Manufacturing uses a process cost system to manufacture Dust Density Sensors for the mining industry. The following information pertains to operations for the month of May.
| The beginning inventory was 60% complete for materials and 20% complete for conversion costs. The ending inventory was 90% complete for materials and 40% complete for conversion costs. Costs pertaining to the month of May are as follows:
|
a.) Using the weighted-average method, the equivalent unit cost of materials for May is __________?
b.) Using the weighted-average method, the equivalent unit conversion cost for May is __________?
c.) Using the weighted-average method, the total cost of the units in the ending work-in-process inventory at May 31 is
__________?
**Please show your computations. Thanks!
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