Question: 1 Hanson Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed

1 Hanson Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:Beginning work in process inventory unitts in the beginning work in process inventory .....200. materiels cost.......$2200

conversion costs...1000. percent complete with respect to materiels 50%. percent complete with respect to convention 10%

units tarted into production during the month....6500 Units transfereed to the next department during the month 6100. Materiel cost addes during the month......... Materiels costs added during the month....135000. Conversions costs added during the months ....312600. Endingwork in process inventory. Units in ending work in process inventory $600 .Percent completewith respectto mateials 80% percent complete with respect to convention60%

Hanson Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventory unitts in the beginning work in process inventory .....200. materiels cost.......$2200

conversion costs...1000. percent complete with respect to materiels 50%. percent complete with respect to convention 10%

units tarted into production during the month....6500 Units transfereed to the next department during the month 6100. Materiel cost addes during the month......... Materiels costs added during the month....135000. Conversions costs added during the months ....312600. Endingwork in process inventory. Units in ending work in process inventory $600 .Percent completewith respectto mateials 80% percent complete with respect to convention60% A 24,983 B 33,310 c 41,638 D 27,484

select the answer that is the closest to the answer you computed.

at least three decimal places.

The cost per equivalent unit for materials for the month in the first processing department is closest to:

A$20.52

B$20.85

C$20.15

D $20.48

2.Hanson Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventoryunitts in the beginning work in process inventory .....200. materiels cost.......$2200

conversion costs...1000. percent complete with respect to materiels 50%. percent complete with respect to convention 10%

units tarted into production during the month....6500 Units transfereed to the next department during the month 6100. Materiel cost addes during the month......... Materiels costs added during the month....135000. Conversions costs added during the months ....312600. Endingwork in process inventory. Units in ending work in process inventory $600 .Percent completewith respectto mateials 80% percent complete with respect to convention60%

The cost per equivalent unit for conversion costs for the first department for the month is closest to:

46,81

50,98

48,55

48,39

3 Hanson Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventoryunitts in the beginning work in process inventory .....200. materiels cost.......$2200

conversion costs...1000. percent complete with respect to materiels 50%. percent complete with respect to convention 10%

units tarted into production during the month....6500 Units transfereed to the next department during the month 6100. Materiel cost addes during the month......... Materiels costs added during the month....135000. Conversions costs added during the months ....312600. Endingwork in process inventory. Units in ending work in process inventory $600 .Percent completewith respectto mateials 80% percent complete with respect to convention60% The total cost transferred from the first processing department to the next processing department during the month is closest to:A 447,600B 450,800C 423,316D 464,953

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