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Suppose Titon Sports uses the weighted average method. What is the conversion cost per equivalent unit during March? Group of answer choices $1.72 $1.59 $1.46
Suppose Titon Sports uses the weighted average method. What is the conversion cost per equivalent unit during March?
Group of answer choices
$1.72
$1.59
$1.46
$1.9
Titon Sports, which produces footballs, has two departments: cutting and stitching. Footballs that have undergone the cutting process are immediately transferred to the stitching department. Direct material is added at the end of the stitching process. Conversion costs are added evenly during stitching operations. When those operations are done, the footballs are immediately transferred to Finished Goods. The following is a summary of the March 2019 operations of the stitching department: Physical Transferred-in Direct Conversion Units Costs Materials Costs 17,500 $ 45,360 $0 $ 17,660 100% 0% 60% 56,000 Beginning work in process Degree of Completion Transferred in during March 2019 Completed and transferred out during March 2019 Ending work in process Degree of Completion Total costs added during March 52,000 21,500 100% 0% 20% $ 154,560 $ 28,080 $89,310 Suppose Titon Sports uses the weighted average method. What are the equivalent units for direct material costs during MarchStep by Step Solution
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