A company uses the weighted-average method for inventory costing. At the beginning of the period, it reported the following data: Units 29,000 185,000 183,000 31,000 Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory The production department data related to conversion costs follows: Costs of beginning work in process Costs added this period $ 117,000 744,825 Conversion Percent Complete 40% 75%

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.6: Rational Functions
Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.
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A company uses the weighted-average method for inventory costing. At the beginning of the period, it reported the following data:
Beginning work in process inventory
Units started this period
Units completed and transferred out
Ending work in process inventory
The production department data related to conversion costs follows:
Costs of beginning work in process
Costs added this period
Units
29,000
185,000
183,000
31,000
Compute the conversion cost per equivalent unit.
$ 117,000
744,825
Conversion Percent
Complete
40%
75%
Transcribed Image Text:A company uses the weighted-average method for inventory costing. At the beginning of the period, it reported the following data: Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory The production department data related to conversion costs follows: Costs of beginning work in process Costs added this period Units 29,000 185,000 183,000 31,000 Compute the conversion cost per equivalent unit. $ 117,000 744,825 Conversion Percent Complete 40% 75%
Multiple Choice
O
O
O
O
$4.18.
$4.27.
$4.07.
$3.83.
$4.43.
Transcribed Image Text:Multiple Choice O O O O $4.18. $4.27. $4.07. $3.83. $4.43.
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