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Sansone Company uses the weighted-average method to assign inventory costs. The following information is available for February in its Manufacturing Department: Units: Beginning Inventory: 43,000
Sansone Company uses the weighted-average method to assign inventory costs. The following information is available for February in its Manufacturing Department: Units: Beginning Inventory: 43,000 units, 60% complete as to conversion. Units started and completed: 146,000. Units completed and transferred out: 189,000. Ending Inventory: 39,000 units, 30% complete as to conversion. Costs: Costs in beginning Work in Process Conversion: $66,850. Costs incurred in February - Conversion: $617,150. Calculate the cost per equivalent unit of conversion
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