Question: 3. Kamp Company uses the weighted-average method in its process costing. Information units processed during a recent month in the Curing Department follow: about Conversion

 3. Kamp Company uses the weighted-average method in its process costing.

3. Kamp Company uses the weighted-average method in its process costing. Information units processed during a recent month in the Curing Department follow: about Conversion Percent Beginning work in process inventory 10,000 Units started into production. Units completed and transferred out 140,000 Ending work in process inventory Units Complete 150,000 20,000 30% 40% The beginning work in process inventory had $4,600 in conversion cost. During the month, the Department incurred an additional $210,000 in conversion cost. Required: a. Determine the equivalent units of production for conversion for the month. b. Determine the cost per equivalent unit of production for conversion for the month. c. Determine the convrsion cost assigned to the ending work in process inventory. d. Determine the total conversion cost transferred out during the month. Equivalent Units Cost per equivalent Unit Conversion costs assigned to ending W Total conversion cost transferred out

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!