Question: Pacheco Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data

 Pacheco Corporation uses the weighted average method in its process costing

Pacheco Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below sume the departments operations in January Percent Complete with Respect to Units Conversion Teginning work in process inventory 5,100 70% Transferred in from the prior departient during January 59,000 Completed and transferred to the next department during January 56,800 Ending work in process inventory 7,300 The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34.558 and a total of $599.254 in conversion costs were Incured in the department during January The colperen unit for conversion couts for January in the Molding Department is closest to Me Choc O

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