Question: Equinox Company uses the weighted average method in its process costing system. The Mixing Department is the third department in its production process. The data
Equinox Company uses the weighted average method in its process costing system. The Mixing Department is the third department in its production process. The data below summarize the department's operations during the current month: Beginning work in process inventory (70% complete as to conversion) Transferred in from the prior department during the current month 122,000 units Ending work in process inventory (30% complete as to conversion) 14,200 units 9,200 units The Mixing Department's production report indicates that the cost per equivalent unit for conversion cost for the current month was $8.24. How much conversion cost was assigned to the units transferred out of the Mixing Department during the current month
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