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Questions 3-5 (of 7) Problem 3-2A Weighted average: Cost per equivalent unit, costs assigned to products LO C2, C3 The following information spplies to the

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Questions 3-5 (of 7) Problem 3-2A Weighted average: Cost per equivalent unit, costs assigned to products LO C2, C3 The following information spplies to the questions displeyed below) Victory Company uses weighted average process costing to eccount for its production costs Conversion cost is added evenly throughout the process Diret matertals are added at the beginning of the process During November, the company transferred 700.000 units of product to finished goods. At the end of November the work in process inventory consists of 180000 units that are 30% complete with respect to conversion Begnning inventory hed $420000 of drect matenals and $139.000 of conversion cost. The direa material cost added in Novermber is $2.220.000, and the conversion cost added is $3,254000 Begnning work in process cosisted of 60.000 units that were 100% complete with resped to drea materials and B0% compete with respect to conversion. Of the units completed 60.000 were fram beginning work in process and 640.000 units were started and completed during the penod References Section Break , obletti 3.2A Weighted egulvalent unit, costs sssigned to products average Cost per

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