Question: There were 2,400 units in ending work in process inventory that were 100% complete with regard to material and 25% complete with regard to conversion
There were 2,400 units in ending work in process inventory that were 100% complete with regard to material and 25% complete with regard to conversion costs. Ending work in process inventory had a cost of $9,000 and a per-unit material cost of $2.
Complete the following table to determine what was the conversion cost per unit using the weighted-average method.
PLEASE NOTE: For units, use commas as needed (i.e. 1,234). Costs per unit are rounded to two decimal places and shown with "$" and commas as needed (i.e. $1,234.56). All other dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).
| Amount | |
| Total work in process | |
| Cost per material | |
| Cost per conversion | |
| Equivalent units conversion | |
| Cost per unit conversion |
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