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Question Completion Status: Lothian Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent

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Question Completion Status: Lothian Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent montare listed below. Beginning work in process inventory Units in beginning work in process inventory 200 Materials costs S1,800 Conversion costs S1,400 Percent complete with respect to materials 5596 Percent complete with respect to conversion 2096 Units started into production during the month 5.500 Units transferred to the next department during the month 5.200 Materials costs added during the month S80.900 Conversion costs added during the month 5171,300 Ending work in process inventory Unitsin ending work in process inventory 500 Percent complete with respect to materials 659 Percent complete with respect to conversion 2396 Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the dosest to the answer your computed to reduce rounding error. Cry out all computations to at least three decimal places The cost per equivalent unit for conversion costs for the first departinent for the months closest to 53405 $12.17 $32.43 2010 points Duringuly at Tiner Corporation $74,000 of raw materials were requistoned from the storeroom for use in production. These raw materials included bath direct and indirect materials. The indirect materials totaled 17.000. The journal entry to record this region would include a detit Minutacturing Overheid 50 574.000 O 57.000 157,000

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