Question: 10. Canler Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for
10. Canler Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Required: Units in process Percent complete with respect to materials .. Percent complete with respect to conversion.. 200 50% 40% using the weighted average method, determine the equivalent units of production for materials and conversion costs. Units started into production during the month. 11,0009 Assume a materials cost of $11.50/equivalent unit and conversion cost of $3.75/equivalent unit. Calculate the total value in ending WIP and inventory transferred out. Work in process, ending: Units in proces. Percent complete with respect to materials 500 80% 10%) I Percent complete with respect to conversion
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