Question: 19) Juniper Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed

19) Juniper 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: Units in beginning work in process inventory Materials costs Conversion costs- Percent complete with respect to materials Percent complete with respect to conversion Units started into production during the month Units transferred to the next department during the month Materials costs added during the month Conversion costs added during the month Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 600 7,000 2,000 70% 40% 9,400 8,600 $ 195,000 $ 310,000 1,400 30% 50% Required: Compute the equivalent units and the cost per equival ent unit for materials and conversion for the month. Remember to show all your work! Cofy ta accouct
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
