Kamp Company uses the weighted-average method in its process costing. Information about units processed during a...

 

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Kamp Company uses the weighted-average method in its process costing. Information about units processed during a recent month in the Curing Department follow: Conversion Percent Complete 30% Units Beginning work in process inventory Units started into production Units completed and transferred out... Ending work in process inventory 10,000 150,000 140,000 20,000 40% The beginning work in process inventory had $4,600 in conversion cost. During the month, the Department incurred an additional $210,000 in conversion cost. Required: a. Determine the equivalent units of production for conversion for the month. b. Determine the cost per equivalent unit of production for conversion for the month. c. Determine the convèrsion cost assigned to the ending work in process inventory. d. Determine the total coversion cost transferred out during the month. Equivalent Units Cost per equivalent Unit Conversion costs assigned to ending WIR Total conversion cost transferred out Kamp Company uses the weighted-average method in its process costing. Information about units processed during a recent month in the Curing Department follow: Conversion Percent Complete 30% Units Beginning work in process inventory Units started into production Units completed and transferred out... Ending work in process inventory 10,000 150,000 140,000 20,000 40% The beginning work in process inventory had $4,600 in conversion cost. During the month, the Department incurred an additional $210,000 in conversion cost. Required: a. Determine the equivalent units of production for conversion for the month. b. Determine the cost per equivalent unit of production for conversion for the month. c. Determine the convèrsion cost assigned to the ending work in process inventory. d. Determine the total coversion cost transferred out during the month. Equivalent Units Cost per equivalent Unit Conversion costs assigned to ending WIR Total conversion cost transferred out

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a Equivalent Units of Production for Conversion for the Month b Cost Per Equivalent ... View the full answer