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Puceheco Corporation uses the weighted-uverage method in its process costing system. The Molding Department is the second department in its production process. The dala below
Puceheco Corporation uses the weighted-uverage method in its process costing system. The Molding Department is the second department in its production process. The dala below sufrimarize the departments operations in January 8 00:48:47 Percent Complete with Respect to Conversion 70x 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 5,5ae 59,480 57,290 7,780 40x The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34.958 and a total of $559.654 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 to: Multiple Coca 59.543
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