Pluster Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Beginning work in process inventory............ 13,000 40% Started into production during June .............. 98,000 Ending work in process inventory................. 11,000 30% According to the company's records, the conversion cost in beginning work in processinventory was $39,364 at the beginning of June. Additional conversion costs of $721,035 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month?
Pluster Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Beginning work in process inventory............ 13,000 40% Started into production during June .............. 98,000 Ending work in process inventory................. 11,000 30% According to the company's records, the conversion cost in beginning work in processinventory was $39,364 at the beginning of June. Additional conversion costs of $721,035 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month?
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 4BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...
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Pluster Company uses the weighted-average method in its
data for the first processing department for the month of June appear below:
Beginning work in process inventory............ 13,000 40%
Started into production during June .............. 98,000
Ending work in process inventory................. 11,000 30%
According to the company's records, the conversion cost in beginning work in processinventory was $39,364 at the beginning of June. Additional conversion costs of $721,035 were incurred in the department during the month.
What was the cost per equivalent unit for conversion costs for the month?
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