Question: Green River Manufacturing uses the weighted average method in its process costing system. The Welding Department is the second department in its production process. Below
Green River Manufacturing uses the weighted average method in its process costing system. The Welding Department is the second department in its production process. Below is the data summarizing the department's operations in March. Units % Complete with Respect to Conversion Beginning work in process inventory 4,100 20% Transferred in from the prior department during March 59,400 Ending work in process inventory 7,600 60% The Welding Department's cost per equivalent unit for conversion cost for March was $6.01. How much conversion cost was assigned to the units transferred out of the Welding Department during March? Green River Manufacturing uses the weighted average method in its process costing system. The Welding Department is the second department in its production process. Below is the data summarizing the department's operations in March. Units % Complete with Respect to Conversion Beginning work in process inventory 4,100 20% Transferred in from the prior department during March 59,400 Ending work in process inventory 7,600 60% The Welding Department's cost per equivalent unit for conversion cost for March was $6.01. How much conversion cost was assigned to the units transferred out of the Welding Department during March? $381,635 $328,014 $356,994 $335,959
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