Question: Haffner 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
Haffner 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 2,000 $ 9,38e 10,6ee 85% 55% Units started into production during the month Units transferred to the next department during the month 8,500 7,600 s 184,2ee Materials costs added during the month 185,9 Conversion costs added during the month Ending work in process inventory: 2,980 Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 68% sex ertment according to the company's cost system is closest to: (Round "Cost per equivelent unit" to 3 decimal places
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