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Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent
Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:
Work in process, beginning:
Units in process 6,000
Percent complete with 60%
respect to materials
Percent complete with 20%
respect to conversion
Costs in the beginning inventory:
Materials cost $78,200
Conversion cost $3,600
Units started during the month ??
Units completed and
transferred during the month 70,000
Costs added to production during the month:
Materials cost $286,600
Conversion cost $216,000
Work in process, ending:
Units in process 8,000
Percent complete with 75%
respect to materials
Percent complete with respect to 25%
Conversion
What was the cost per equivalent unit for the conversion during the month?
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