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Campbell Corporation Beginning inventory (30% complete as to     Material B and 60% complete for conversion) 700 units Started this cycle 2,000 units Ending inventory (50% complete as     to Material B and 80% complete for conversion) 500 units Beginning inventory costs:

Campbell Corporation Beginning inventory (30% complete as to     Material B and 60% complete for conversion) 700 units Started this cycle 2,000 units Ending inventory (50% complete as     to Material B and 80% complete for conversion) 500 units Beginning inventory costs:

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 3RE: Shaquille Corporation began the current year with inventory of 50,000. During the year, its...
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Campbell Corporation

Beginning inventory (30% complete as to    
Material B and 60% complete for conversion) 700 units
Started this cycle 2,000 units
Ending inventory (50% complete as    
to Material B and 80% complete for conversion) 500 units
Beginning inventory costs:    
Material A $14,270  
Material B 5,950  
Conversion 5,640  
Current Period costs:    
Material A $40,000  
Material B 70,000  
Conversion 98,100  


Material A is added at the start of production, while Material B is added uniformly throughout the process.

Refer to Campbell Corporation. Assuming a weighted average method of process costing, compute the average cost per EUP for Material B.

Select one:
a. $20.00
b. $31.25
c. $31.00
d. $20.10
 
 
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