A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 117 units in beginning WIP (44% complete with respect to conversion costs). 9,169 units started. 215 units in ending WIP (31% complete with respect to conversion costs). $1,561 beginning WIP direct materials costs. $1,097 beginning WIP conversion costs. $89,169 current month direct materials costs. $102,511 current month conversion costs. What is the department's conversion cost per equivalent unit for this month?
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 117 units in beginning WIP (44% complete with respect to conversion costs). 9,169 units started. 215 units in ending WIP (31% complete with respect to conversion costs). $1,561 beginning WIP direct materials costs. $1,097 beginning WIP conversion costs. $89,169 current month direct materials costs. $102,511 current month conversion costs. What is the department's conversion cost per equivalent unit for this month?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 17E: K-Briggs Company uses the FIFO method to account for the costs of production. For Crushing, the...
Related questions
Question
Solve this question
![A department uses the weighted average method of process
costing. All direct materials are added at the beginning of the
process. This department has the following data for this
month.
117 units in beginning WIP (44% complete with respect to
conversion costs).
9,169 units started.
215 units in ending WIP (31% complete with respect to
conversion costs).
$1,561 beginning WIP direct materials costs. $1,097
beginning WIP conversion costs. $89,169 current month
direct materials costs. $102,511 current month conversion
costs.
What is the department's conversion cost per equivalent unit
for this month?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3411b9f-5d34-49d7-9e04-f5eff260dcc2%2F54e38aab-2300-498d-8052-1c08fefde204%2Fj1wm1n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A department uses the weighted average method of process
costing. All direct materials are added at the beginning of the
process. This department has the following data for this
month.
117 units in beginning WIP (44% complete with respect to
conversion costs).
9,169 units started.
215 units in ending WIP (31% complete with respect to
conversion costs).
$1,561 beginning WIP direct materials costs. $1,097
beginning WIP conversion costs. $89,169 current month
direct materials costs. $102,511 current month conversion
costs.
What is the department's conversion cost per equivalent unit
for this month?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Principles of Cost Accounting](https://www.bartleby.com/isbn_cover_images/9781305087408/9781305087408_smallCoverImage.gif)
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning