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Assume the following information: Milling Department Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory Milling Department Units 200 Percent Complete Materials Conversion 40% 30% 6,200 5,800 600 100% 70% 100% 60% Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 288,000 $ 298,000 Using the weighted-average method, the cost per equivalent unit for materials is closest to: Conversion $ 15,000 385,000 $ 400,000 Multiple Choice О $47.91. О $45.91. о $51.31.

Assume the following information: Milling Department Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory Milling Department Units 200 Percent Complete Materials Conversion 40% 30% 6,200 5,800 600 100% 70% 100% 60% Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 288,000 $ 298,000 Using the weighted-average method, the cost per equivalent unit for materials is closest to: Conversion $ 15,000 385,000 $ 400,000 Multiple Choice О $47.91. О $45.91. о $51.31.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Assume the following information: Milling Department Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory Milling Department Units 200 Percent Complete Materials Conversion 40% 30% 6,200 5,800 600 100% 70% 100% 60% Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 288,000 $ 298,000 Using the weighted-average method, the cost per equivalent unit for materials is closest to: Conversion $ 15,000 385,000 $ 400,000 Multiple Choice О $47.91. О $45.91. о $51.31.
Transcribed Image Text:Assume the following information: Milling Department Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory Milling Department Units 200 Percent Complete Materials Conversion 40% 30% 6,200 5,800 600 100% 70% 100% 60% Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 288,000 $ 298,000 Using the weighted-average method, the cost per equivalent unit for materials is closest to: Conversion $ 15,000 385,000 $ 400,000 Multiple Choice О $47.91. О $45.91. о $51.31.
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