13. -Kamiti Corp. manufactures its' product in a two-step production process in Departments A and B and uses the weighted-average method for process costing. . Materials are added at the beginning of the process in Department B. • Conversion costs are added evenly throughout the process. • 10,000 units were completed and transferred out of Department B in this period. WIP, Beginning (4,000 units, 40% complete) Costs added in October WIP, Ending (7,000 units, 50% complete) Transferred-in Costs Materials Costs $ 10,000 $3,000 24,000 5,500 a. $2.75 b. $2.80 c. $2.85 d. $2.90. Conversion Costs $1,000 4,400 For Department B, the total cost per equivalent unit for transferred-out units in October was: Show your work for partiall credit.

13. -Kamiti Corp. manufactures its' product in a two-step production process in Departments A and B and uses the weighted-average method for process costing. . Materials are added at the beginning of the process in Department B. • Conversion costs are added evenly throughout the process. • 10,000 units were completed and transferred out of Department B in this period. WIP, Beginning (4,000 units, 40% complete) Costs added in October WIP, Ending (7,000 units, 50% complete) Transferred-in Costs Materials Costs $ 10,000 $3,000 24,000 5,500 a. $2.75 b. $2.80 c. $2.85 d. $2.90. Conversion Costs $1,000 4,400 For Department B, the total cost per equivalent unit for transferred-out units in October was: Show your work for partiall credit.

Name: 13.Kamiti Corp. manufactures its' product in a two-step production pr
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Description: 13.Kamiti Corp. manufactures its' product in a two-step production process in Departments Aand B and uses the weighted-average method for process costing.•Materials are added at the beginning of the process in Department B.Conversion costs are added

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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