Question: Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first department consisted of 2,100 units.

 Domingo Corporation uses the weighted average method in its process costingsystem. This month, the beginning inventory in the first department consisted of2,100 units. The costs and percentage completion of these units in beginning

Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first department consisted of 2,100 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 50% 20% Cost $ 7,200 $3,400 Materials costs Conversion costs A total of 8,500 units were started and 7,800 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 Cost $160,400 $122,100 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. What are the equivalent units for conversion costs for the month in the first processing department? Multiple Choice 0 10,600 O 2100 2,100 Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,600 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $ 6,700 50% Conversion costs $ 2,900 20% A total of 8,000 units were started and 7,300 units were transferred to the second processing department during the month. The following costs were Incurred in the first processing department during the month: Cost Materials costs $159,900 Conversion costs $121,600 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. The cost per equivalent unit for materials for the month in the first processing department is closest to: Multiple Choice $18.00 $15.97 $15.97 Inacio Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production during the month Units transferred to the next department during the month Materials costs added during the month Conversion costs added during the month Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 1,600 $ 13,700 $ 5,800 75% 20% 10,300 9,200 $ 172,800 $ 242,800 2,700 90% 30% The cost per equivalent unit for materials for the month in the first processing department is closest to: Multiple Choice $14.45

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