Question
Yoder 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
Yoder 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.. 40,000 Percent complete with respect to materials. 70% Percent complete with respect to conversion. 60% Costs in the beginning inventory: Materials cost $8,600 Conversion cost $4,800 Units started into production during the month 750,000 Units completed and transferred out during the month 760,000 Costs added to production during the month: Materials cost $223,000 Conversion cost $149,000 Work in process, ending: Units in process 30,000 Percent complete with respect to materials..... 40% Percent complete with respect to conversion.. 30%
What were the total equivalent units for conversion costs during the month?
What was the cost per equivalent unit for conversion costs during the month?
What was the cost per equivalent unit for materials during the month?
How much cost, in total, is assigned to the ending work in process inventory?
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