There were 2,600 units in ending work in process inventory that were 100% complete with regard to material and 20% complete with regard to conversion costs. Ending work in process inventory had a cost of $5,720 and a per-unit material cost of $1. What was the conversion cost per unit using the weighted-average method? Conversion cost per unit $

There were 2,600 units in ending work in process inventory that were 100% complete with regard to material and 20% complete with regard to conversion costs. Ending work in process inventory had a cost of $5,720 and a per-unit material cost of $1. What was the conversion cost per unit using the weighted-average method? Conversion cost per unit $

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 6EA: There were 2,400 units in ending work in process inventory that were 100% complete with regard to...

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There were 2,400 units in ending work in process inventory that were 100% complete with regard to material and 25% complete with regard to conversion costs. Ending work in process inventory had a cost of $9,000 and a per-unit material cost of $2. What was the conversion cost per unit using the weighted-average method?
A company has 100 units in ending work in process that are 40% complete after transferring out 750 Units. If the cost per unit is $5 for materials and $2.50 for conversion, what is the cost of units transferred out and in ending work in process inventory using the weighted-average method?
A company has 1,500 units in ending work in process that are 30% complete after transferring out 10,000 units. All materials are added at the beginning of the process. If the cost per unit is $4 for materials and $7 for conversion, what is the cost of units transferred out and in ending work in process inventory using the weighted-average method?
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