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Raider Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data
Raider Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January 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 8,100 Percent Complete with Respect to Conversion 10% 68,000 67,800 8,300 80% The Molding Department's cost per equivalent unit for conversion cost for January was $3.23. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?
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