Hache Corporation uses the weighted-average method in its process costing system. a. The first processing department, the Welding Department, started the month with 17,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. b. The conversion cost in this beginning work-in-process inventory was $7,480. c. An additional 89,000 units were started into production during the month and 92,000 units were completed in the Welding Department and transferred to the next processing department. d. There were 14,000 units in the ending work-in-process inventory of the Welding Department that were 90% complete with respect to conversion costs. e. A total of $202,400 in conversion costs were incurred in the department during the month. What is the cost per equivalent unit for the month?

Hache Corporation uses the weighted-average method in its process costing system. a. The first processing department, the Welding Department, started the month with 17,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. b. The conversion cost in this beginning work-in-process inventory was $7,480. c. An additional 89,000 units were started into production during the month and 92,000 units were completed in the Welding Department and transferred to the next processing department. d. There were 14,000 units in the ending work-in-process inventory of the Welding Department that were 90% complete with respect to conversion costs. e. A total of $202,400 in conversion costs were incurred in the department during the month. What is the cost per equivalent unit for the month?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5E: The Converting Department of Worley Company had 2,400 units in work in process at the beginning of...

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