Question: Compute the conversion cost per equivalent unit for the Production department using the weighted-average method. Units Direct Materials Percent Complete Conversion Percent Complete Beginning work

Compute the conversion cost per equivalent unit for the Production department using the weighted-average method.

Units Direct Materials Percent Complete Conversion Percent Complete
Beginning work in process inventory 30,000 100% 60%
Units started and completed 52,000
Units completed and transferred out 82,000
Ending work in process inventory 24,000 100% 35%

Production cost information for the Production department follows.

Beginning work in process
Conversion $ 53,200
Costs added this period
Conversion 452,150

Options:

$2.22.

$5.59.

$1.02.

$5.00.

$6.16.

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