$52,628$61,908$86,759$55,695 Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the mostrecent month are listed below:Beginning work in process inventory:Units in beginning work in process inventoryMaterials costsConversion costsPercent complete with respect to materialsPercent complete with respect to conversionUnits started into production during the monthUnits transferred to the next department during the monthMaterials costs added during the monthConversion costs added during the monthEnding work in process inventory:Units in ending work in process inventoryPercent complete with respect to materialsPercent complete with respect to conversion2,000$9,300$ 10,60085%55%8,5007,600$ 104,200$ 185,9002,90060%50%The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: (Round "Cost perequivalent unit" to 3 decimal places.)

Name: $52,628$61,908$86,759$55,695 Haffner Corporation uses the weighted-av
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Description: $52,628$61,908$86,759$55,695 Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the mostrecent month are listed below:Beginning work in process inventory:Units in b

Equivalent units are partially completed units that are converted proportionate completed units.…

Answered: $61,908 $86,759

Business

Accounting

$61,908 $86,759

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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