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Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is the second departme process. The data below summarize the

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Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is the second departme process. The data below summarize the department's operations in January. Percent Complete with Respect to Conversion 70% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 5,650 59,550 57,350 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 in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Mole closest to: Multiple Choice $9.567 O $9.835 $9.768 average method in its process costing system. The Molding Department is the second department in its production epartment's operations in January. Percent Complete with Respect to Conversion 70% mtory department during January he next department during January ory Units 5,650 59,550 57,350 7,850 40% ne conversion cost that had been assigned to beginning work in process inventory was $35,108 and a total of $559,804 e department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is Multiple Choice $9.567 O $9.835 $9.768 $8.523

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