Jeffery Technologies used the weighted-average method in it process costing system. Data for the Assembly Department...

 

Transcribed Image Text:

Jeffery Technologies used the weighted-average method in it process costing system. Data for the Assembly Department for October appears below: Work in Process, October 1 Costs added during October Equivalent Units of Production Required: Materials Conversion Costs $25,000 $40,000 $235,000 $260,000 40,000 25,000 1. Compute the cost per equivalent unit of production for materials and conversion costs. Show calculations. Jeffery Technologies used the weighted-average method in it process costing system. Data for the Assembly Department for October appears below: Work in Process, October 1 Costs added during October Equivalent Units of Production Required: Materials Conversion Costs $25,000 $40,000 $235,000 $260,000 40,000 25,000 1. Compute the cost per equivalent unit of production for materials and conversion costs. Show calculations.