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Aple Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 300 units.
Aple Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 300 units. The costs and percentage completion of these units in beginning inventory were: Materials costs.. Conversion costs Materials costs... Conversion costs Cost $3,100 $2,900 Percent Complete 70% 50% A total of 8,500 units were started and 8,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: 8100 B. 8,800 C. 8,100 $110,500 $153,900 300 8,500 - 300 + soo 81100 700 The ending inventory was 90% complete with respect to materials and 55% complete with respect to conversion costs. Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places. 22. What are the equivalent units for conversion costs for the month in the first processing department? A. 385 Howip tunit's started into prodation, out
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