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Darden Corporation uses the weighted average method in its process costing system. The first processing department, the Welding Department, started the month with 18,000 units
Darden Corporation uses the weighted average method in its process costing system. The first processing department, the Welding Department, started the month with 18,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $16,200. An additional 84,000 units were started into production during the month. There were 17,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $836,880 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to: Multiple Choice $8.804 o $9.000 o $8.286 o $9.963 o Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: $ $ 5 00 7,800 9, 100 85% 55% 7,000 Beginning work in process inventory: Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production during the month Units transferred to the next department during the month Materials costs added during the month Conversion costs added during the month Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 6,100 $102, 700 $184,400 1,400 60% 50% The cost per equivalent unit for materials for the month in the first processing department is closest to: Multiple Choice oooo
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