Question: Yoder Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent
Yoder Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process.. 40,000 Percent complete with respect to materials. 70% Percent complete with respect to conversion. 60% Costs in the beginning inventory: Materials cost $8,200 Conversion cost $4,800 Units started into production during the month 750,000 Units completed and transferred out during the month 760,000 Costs added to production during the month: Materials cost $262,000 Conversion cost $149,000 Work in process, ending: Units in process 30,000 Percent complete with respect to materials..... 40% Percent complete with respect to conversion.. 30%
What was the cost per equivalent unit for conversion costs during the month?
| 760,000 equivalent units |
| 769.000 equivalent units |
| 790,000 equivalent units |
| 730,000 equivalent units |
| None of the above |
What were the total equivalent units for conversion costs during the month?
| $0.40. |
| $0.25 |
| $0.45 |
| $0.20 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
