Bistro corporation use the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were:

Cost Percent complete

Materials costs $15,700 75%

Conversion costs $7,700 20%

A total of 8,400 units were started and 7,500 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

Costs

Materials costs $186,300

Conversion costs $329,800

The ending inventory was 70% complete with respect to materials and 60% complete with respect conversion costs.

The cost per unit equivalent for conversion costs for the first department for the month is closest to:

ion for Chapters 15 Help Seve&Exh s Bistrol Corporation uses the weighted average method in its process costing system. Thies month, the beginning inventory in the first processing department consisted of 800 units. The costs and ge completion of these units in beginning inventory were Materials costs Conversion costs $15, 700 7,700 753 20% A total of 8,400 units were started and 7,500 units were transferred 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 $186, 306 $329,88e The ending inventory was 70% complete with respect to materials and 60% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the first department for the month is closest to Multiple Choice $41 59 17 of 25 Next >