Question
Northern Company has a process costing system using the weighted average cost flow method. All materials are introduced at the beginning of the process in
Northern Company has a process costing system using the weighted average cost flow method. All materials are introduced at the beginning of the process in Department 1. The following information is available for the month of January:
UNITS
Work in process, January 1 (60% done as to conversion cost) 4,000
Started in January 12,000
Transferred to Department 2 during January 10,000
Work in Process, January (20% done as to conversion cost) 6,000
The number of equivalent units of production for conversion costs for the month of January are:
A) 12,000
B) 11,600
C) 11,200
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
