Darden Corporation uses the weighted-average method in Its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $26,200. An additional 104,000 units were started into production dunng the month. There were 37.000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $856,880 in conversion costs were Incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to Multiple Choice $12.286 $13.000 $7686 $10.003 O O O O
Darden Corporation uses the weighted-average method in Its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $26,200. An additional 104,000 units were started into production dunng the month. There were 37.000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $856,880 in conversion costs were Incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to Multiple Choice $12.286 $13.000 $7686 $10.003 O O O O
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 1CMA: During December, Krause Chemical Company had the following selected data concerning the manufacture...
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