Question: 2 . Rangan Corporation uses the weighted - average method in its process costing system. The Molding Department is the second department in its production
Rangan Corporation uses the weightedaverage method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January.
Units Percent Complete with Respect to Conversion
Beginning work in process inventory
Transferred in from the prior department during January
Completed and transferred to the next department during January
Ending work in process inventory
The Molding Department's cost per equivalent unit for conversion cost for January was $
How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?
A $
B $
C $
D $
E $
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