1- KAEC Company uses the weighted-average method in its process costing system. Operating data for the...
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1- KAEC Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Percent Complete with Units Respect to Conversion Beginning work in process inventory. 11,000 Started into production during June. 98,000 Ending work in process inventory . 21,000 50% 80% According to the company's records, the conversion cost in beginning work in process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) A. $8.420 B. $6.934 C. $8.530 D. $8.322 1- KAEC Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Percent Complete with Units Respect to Conversion Beginning work in process inventory. 11,000 Started into production during June. 98,000 Ending work in process inventory . 21,000 50% 80% According to the company's records, the conversion cost in beginning work in process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) A. $8.420 B. $6.934 C. $8.530 D. $8.322
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Conversion equivalent units Units Units transferred 11000980002100... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0078111006
14th edition
Authors: Ray Garrison, Eric Noreen and Peter Brewer
Posted Date:
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