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Figure 6-4. The following information is available for Department X for August: Work in process, August 1: Materials $ 8,000 Conversion costs $15,000 Costs added
Figure 6-4. The following information is available for Department X for August:
Work in process, August 1: |
|
Materials | $ 8,000 |
Conversion costs | $15,000 |
|
|
Costs added during August: |
|
Materials | $28,000 |
Conversion costs | $25,000 |
|
|
Equivalent units of production (weighted average): |
|
Materials | 4,000 |
Conversion | 5,000 |
Refer to Figure 6-4. Department X's cost per equivalent unit for conversion using the weighted average method would be
| $8.00 | |
| $5.00 | |
| $3.00 | |
| $9.00 |
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