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MC Qu. 115 Richards Corporation uses the weighted-average... Richards Corporation uses the weighted-average method of process costing. The following information is available for October in

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MC Qu. 115 Richards Corporation uses the weighted-average... Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department 54) Units: Beginning Inventory: 80,000 units, 60% complete as to materials and 20% complete as to conversion. Units started and completed: 250,000. Units completed and transferred out: 330,000. Ending in. snr. 30,000 units, 40% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process - Cpnversion: $79,700. Costs incurred in October - Direct Materials: $646,800. Costs incurred in October - Conversion: $919,300. Calculate the cost per equivalent unit of conversion. Multiple Choice Prex 38 of 40i Next > 242 01

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