Baker Corporation

The Baker Corporation makes wreaths in two departments: Forming and Decorating. Forming began the month with $500$ wreaths in process that were $100$ percent complete as to material and $40$ percent complete as to conversion. During the month, $6,500$ wreaths were started. At month end, Forming had $2,100$ wreaths that were still in process that were $100$ percent complete as to material and $50$ percent complete as to conversion. Assume Forming uses the weighted average method of process costing. Costs in the Forming Department are as follows:

Beginning Work in Process Costs:

Material $$1,000$

Conversion $1,500$

Current Costs:

Material $$3,200$

Conversion $5,045$

The Decorating Department had $600$ wreaths in process at the beginning of the month that were $80$ percent complete as to material and $90$ percent complete as to conversion. The department had $300$ units in ending Work in Process that were $50$ percent complete as to material and $75$ percent complete as to conversion. Decorating uses the FIFO method of process costing, and costs associated with Decorating are:

Beginning WIP Inventory:

Transferred In $$1,170$

Material $4,320$

Conversion $6,210$

Current Period:

Transferred In $?$

Material $$67,745$

Conversion $95,820$

Refer to Baker Corporation. What was the cost transferred out of Forming during the month?

Select one:

a$.$ $$6,419$

b$.$ $$8,245$

c$.$ $$8,330$

d$.$ $$5,34$Refer to Baker Corporation. How many units were transferred to Decorating during the month?

Select one:

a$.4,900$

b$.5,950$

c$.7,000$

d$.600$

Refer to Baker Corporation. Assume that $8,000$ units were transferred to Decorating at a total cost of $$16,000.$ What is the conversion cost per equivalent unit in Decorating?

Select one:

a$.$ $$11\mathrm{.}32$

b$.$ $$12\mathrm{.}00$

c$.$ $$11\mathrm{.}46$

d$.$ $$12\mathrm{.}70$