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How do you do this? Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its
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Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Units Conversion Beginning work in process inventory 5, 650 70$ Transferred in from the prior department during January 59, 550 Completed and transferred to the next department during January 57, 350 Ending work in process inventory 7, 850 40$ The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $35,108 and a total of $559,804 in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest toStep by Step Solution
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