Question: Boswell Company uses the weighted-average method in its process costing system. The Packaging Department started the month with 250 units in process, started 1,490 units,
Boswell Company uses the weighted-average method in its process costing system. The Packaging Department started the month with 250 units in process, started 1,490 units, and had 180 units in process at the end of the period. All materials are added at the beginning of the process, and conversion costs are incurred uniformly. The units in process at the end of the month are 50% complete with respectto conversion costs. During the month 1,560 units were completed and transferred out The department incurred the following costs: EEE (Click on the icon to view the costs.) The cost per equivalent unit for direct materials is (Round your answer to two decimal places.) 6 Data Table OA. $2.24 0 B. $7.76 O c. $5.79 OD, $2.50 Beginning WIP Added this month Total Direct MaterialsS Conversion Costs Total 900 S 250 1.150 S 3,000 S 5,930 8,930 $ 3,900 6,180 10,080 Print Done
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
