Question
David Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 20,000 units in
David Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 20,000 units in its beginning work in process inventory that were 75% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $130,200. An additional 79,000 units were started into production during the month. There were 22,000 units in the ending work in process inventory of the Welding Department that were 15% complete with respect to conversion costs. A total of $410,250 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month? (Round your final answer to 3 decimal places.) |
rev: 03_09_2015_QC_CS-10038
$5.109
$7.019
$6.841
$6.730
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started