Question: A. The _____________ combines the beginning workinprocess costs and the costs added during the period into one cost pool. A. weightedaverage method B. conversion costs
A. The _____________ combines the beginning
workinprocess
costs and the costs added during the period into one cost pool.
A.
weightedaverage
method
B.
conversion costs method
C.
firstin,
firstout
method
D.
equivalent units method
B.
Jackson Company has the following information for the current period for the Mixing Department:
| Costs of beginning workinprocess: | |
| Direct materials | $11,000 |
| Conversion costs | 28,000 |
| Costs added during the period: | |
| Direct materials | 125,000 |
| Conversion costs | 175,000 |
| Equivalent units of production for: | |
| Direct materials | 12,300 units |
| Conversion costs | 9,500 units |
Using the
weightedaverage
method, what is the cost per equivalent unit of production for materials?
A.
$21.37
B.
$11.06
C.
$3.17
D. $24.39
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