Question: Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units.

 Annenbaum Corporation uses the weighted-average method in its process costing system.

Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning Inventory were: Percent 5,7e8 Compl $6,8e8 Materials costs $5,788 55% 45% Conversion cost:s A total of 6,500 units were started and 5,900 units were transfered to the second processing department during the month. The following costs were Incurred In the first processing department during the month: Materials costs Conversion costs Cost $125, see $287,80e The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for materials for the month in the first processing deportment is closest to: Multiple Choice 19.01 $1961 $20.50 $1819

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