Raider 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 summarize the departments operations in January Units Percent Complete with Respect to Conversion Beginning work in process inventory 8,900 10 Transferred in from the prior department during January 76,000 Completed and transferred to the next department during January 75,800 Ending work in process inventory 9,100 80 The Molding Departments cost per equivalent unit for conversion cost for January was $3 31 How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January $30,121 00 $6,024 20 $24,096 80 $22,118 70 Raider 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 summarize the departments operations in January Units Percent Complete with Respect to Conversion Beginning work in process inventory 8,900 10 Transferred in from the prior department during January 76,000 Completed and transferred to the next department during January 75,800 Ending work in process inventory 9,100 80 The Molding Departments cost per equivalent unit for conversion cost for January was $3 31 How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January $30,121 00 $6,024 20 $24,096 80 $22,118 70

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Question: Raider 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

Raider 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 summarize the departments operations in January.

	Units		Percent Complete with Respect to Conversion
Beginning work in process inventory		8,900		10	%
Transferred in from the prior department during January		76,000
Completed and transferred to the next department during January		75,800
Ending work in process inventory		9,100		80	%

The Molding Departments cost per equivalent unit for conversion cost for January was $3.31. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?

$30,121.00
$6,024.20
$24,096.80
$22,118.70

	Units		Percent Complete with Respect to Conversion
Beginning work in process inventory		8,900		10	%
Transferred in from the prior department during January		76,000
Completed and transferred to the next department during January		75,800
Ending work in process inventory		9,100		80	%

$30,121.00
$6,024.20
$24,096.80
$22,118.70

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