Question
A department uses the weighted average method of process costing. All direct materials are added when units are 50% complete with respect to conversion costs.
A department uses the weighted average method of process costing. All direct materials are added when units are 50% complete with respect to conversion costs. This department has the following data for this month. 244 units in beginning WIP (70% complete with respect to conversion costs). 11,832 units started 137 units in ending WIP (51% complete with respect to conversion costs). $11 direct material cost per equivalent unit $10 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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