Question: Assume Eames Company uses a process costing system based on the weighted average method. Eames accountant produces the following equivalent unit calculations for the month

 Assume Eames Company uses a process costing system based on the
weighted average method. Eames accountant produces the following equivalent unit calculations for

Assume Eames Company uses a process costing system based on the weighted average method. Eames accountant produces the following equivalent unit calculations for the month of November 2.000 20.000 www. Tud 2. Also assume that current costs included $157,460 of materials and 5193,335 of conversion costs. Finally, assume that during the month of November the average cost per equivalent unit of materials and conversion costs were 57.52 and 59.78, respectively Calculate the dollar amount accumulated in the beginning inventory for conversion costs from the prior period Select one: O a $9.600 b. $214,085 C. $350,795 d. 396,270 e. None of the above the month of November: Where do the..come hom? Whete do she 90? % Work Dane? 100% 100% Equines Dreck % Work Materials Door? 20.000 10000 3.000 25% 23.000 Beginning werowy Started To 2.000 21000 23.000 Computer Transferred 20,000 Ending Inventory 3,000 Total 23.000 Corwention Costs 20,000 750 20.750

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!