Harker Company uses the weighted-average method in its process costing system. The first processing department, Welding, started the month with 16 000 units in its beginning work in process inventory that were 40% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was R29 440. An additional 59 000 units were started into production during the month and 61 000 units were completed in the Welding Department and transferred to the next processing department. No losses were incurred during the month. The ending work in process inventory of the Welding Department was 10% complete with respect to conversion costs. A total of R246 400 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) A. R3.375 B. R4.421 C. R4.600 D. R4.176
Harker Company uses the weighted-average method in its
The first processing department, Welding, started the month with 16 000 units in its beginning work in process inventory that were 40% complete with respect to conversion costs.
The conversion cost in this beginning work in process inventory was R29 440.
An additional 59 000 units were started into production during the month and 61 000 units were completed in the Welding Department and transferred to the next processing department.
No losses were incurred during the month.
The ending work in process inventory of the Welding Department was 10% complete with respect to conversion costs.
A total of R246 400 in conversion costs were incurred in the department during the month.
What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)
| A. |
R3.375 |
|
| B. |
R4.421 |
|
| C. |
R4.600 |
|
| D. |
R4.176 |
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