Question: Domingo Corporation uses the weighted average method in its process costing system.This month, the beginning inventory in the first processing department consisted of 1,100 units.The

Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,100 units. The costs and percentage of completion for these units in beginning inventory were:

	Cost		Percent Full
material costs	ps	6,200		50%
conversion costs	ps	2,400		20%

A total of 7,500 units were started, and 6,800 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

	Cost
material costs	ps	159,400
conversion costs	ps	121,100

Ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs.

Calculate the cost per equivalent unit of materials for the month in the first processing department

Step by Step Solution

★★★★★

3.42 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To get the cost per equivalent unit of materials in the first processing department we need to ... View full answer

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!

The Fremont Company uses the weighted average method in its process costing system. The company recorded 34,500 equivalent units for November conversion costs in a particular department. There were...

A slide projector produces 500 times enlarged image a slide on a screen 10 m away. Assume that the projector consists of a single convex lens used for magnification. If the screen is moved 20 m...

A- Jimmy Corporation uses the weighted-average method in its process costing system. The ending work in process inventory consists of 9,000 units. The ending work in process inventory is 100%...

a to solve the following problem . 2 . Escoffier Corporation uses the weighted average method in its process costing system . This were : month , the beginning Work- in- Process inventory in the...

Tannenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and...

could use some help understanding!! Bistrol Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department...

Question 12 Not yet saved Marked out of 1.00 Epstein Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department...

Chevon Corporation uses the weighted- average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 500 units. The costs and...

Bistrol Corporation uses 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...

Barker Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 300 units. The costs and...

The student council for a school of science and math has one representative from each of five academic departments: Biology (B), Chemistry (C), Mathematics (M), Physics (P), and Statistics (S). Two...

For Problem 19 conditions, find an equivalent bolting pattern (bolt diameter, strength, length, and spacing), that provides the same approximate thrust capacity.

Evaluate w 3 1 6 - w 2 2 d w .

Using a timer (or watch) and a thermometer, conduct the following experiment to determine the rate of heat gain of your refrigerator. First make sure that the door of the refrigerator is not opened...

A horizontal jet of water (at 10C) that is 6 cm in diameter and has a velocity of 20 m/s is deflected by the vane as shown. If the vane is moving at a rate of 7 m/s in the x-direction, what...

The director of student life at a university wants to estimate the proportion of undergraduate students who regularly park a car on campus. Describe how to select a stratified random sample of...

Usurp Corp., an Internet service provider, has prospered during the past seven years, and recently the companys share price increased to $244.00. Usurps management wishes to decrease the share price...

What would be the principal obstacle preventing a cartel from emerging in the production of beef?

find the general solution of the first-order linear differential equation for x >0 xy'+y=x^2 lnx

Accounting Information at Sportswear Company. Refer to the dialogue between the president and accountant at Sportswear Company presented at the beginning of the chapter. Why cant the president find...

Complete the requirements for each item in the following. 1. A total of 10,000 units of product remain in the Assembly department at the end of the year. Direct materials are 80 percent complete and...

The following information is for the Painting department for the month of December. Required: a. Calculate the costs assigned to units completed and transferred out of the Painting department for...

Create an influence diagram for the politicians decision in Figure 3.25 using PrecisionTree. Include the tables showing decision alternatives, chance-event outcomes, and consequences.

Explain in your own words what it means when one alternative stochastically dominates another.

Stacy Ennis eats lunch at a local restaurant two or three times a week. In selecting a restaurant on a typical workday, Stacy uses three criteria. First is to minimize the amount of travel time,...