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Domingo Corporation uses the weighted average method in its process casting system. This month, the beginning inventory in the first processing department consisted of 800
Domingo Corporation uses the weighted average method in its process casting system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning Inventory were: Percent Completo Materials casts Conversion costs Cast $5,900 $ 2,180 Set 20% A total of 7.200 units were started and 6,500 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month Materials costs Conversion costs Cost $159, 100 $120, 880 The ending inventory was 85% complete with respect to materials and 25% complete with respect to conversion costs The cost per equivalent unit for material for the month in first processing department is closest to Multiple Choice $1976 O nything ENG 3:00 PM W102020
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