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Kau Kite Company uses the weighted average method in its process costing system. Kau's beginning work in process inventory in a particular department consisted of
Kau Kite Company uses the weighted average method in its process costing system. Kau's beginning work in process inventory in a particular department consisted of 8,000 kites, two-thirds complete with respect to conversion costs. During the month, 42,000 kites were started while 44,000 were completed and transferred out of the department. Kau had 45,500 equivalent units of production for conversion costs. The ending WIP inventory in the department consisted of 8,000 kites, 25% complete with respect to conversion costs. O kitos 6.4,00 kites, 37.50% complete with respect to conversion costs d. 6,000 kites, 50% complete with respect to conversion costs
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