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Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units.
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percenta completion of these units in beginning invertory were Conplete 508 Materials costs Conversion coste S.500 $1.70 20% A total of 6,800 units were started and 6,100 units wore transferred to the second processing department during the month. The ollowing costs were inorred in the first processing department during the mo Materials costs conver s i on cost 158.700 320.400 The ondig inventory was 85% completo wt, respect to matorials and 75% comploto wer' respod to conversion costs The cost per equivalent unik for materials for the month in the irst processing department is ckosest lo
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