Pesco Processing uses weighted-average process-costing. All materials are introduced at the start of manufacturing, and conversion...
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Pesco Processing uses weighted-average process-costing. All materials are introduced at the start of manufacturing, and conversion costs are incurred evenly throughout the process. The company's beginning and ending work-in-process inventories totaled 10,000 units and 15,000 units, respectively, with the latter units being 2/3 complete at the end of the period. Pesco started 30,000 units into production and completed 25,000 units. Manufacturing costs follow. Beginning work in process: Materials, $60,000; conversion cost, $150,000 Current costs: Materials, $180,000; conversion cost, $480,000 Pesco's equivalent-unit cost for materials is: Select one: O a. $4.50. b. $6.00. c. $8.00. d. $9.60. e. None of the answers is correct. Pesco Processing uses weighted-average process-costing. All materials are introduced at the start of manufacturing, and conversion costs are incurred evenly throughout the process. The company's beginning and ending work-in-process inventories totaled 10,000 units and 15,000 units, respectively, with the latter units being 2/3 complete at the end of the period. Pesco started 30,000 units into production and completed 25,000 units. Manufacturing costs follow. Beginning work in process: Materials, $60,000; conversion cost, $150,000 Current costs: Materials, $180,000; conversion cost, $480,000 Pesco's equivalent-unit cost for materials is: Select one: O a. $4.50. b. $6.00. c. $8.00. d. $9.60. e. None of the answers is correct.
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Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
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