1 Corporation uses the weighted-average method in its process costing system.XHBADU560's data concerning the first processing department for the most recent month are listed below:Beginning work in process inventory:Units in beginning work in process inventoryMaterials costs1,000$ 7,400$ 2,700Conversion costsPercent complete with respect to materialsPercent complete with respect to conversionUnits started into production during the monthUnits transferred to the next department during the month55%25%6,9006,100Materials costs added during the month$ 110,500$ 83,600Conversion costs added during the monthEnding work in process inventory:Units in ending work in process inventory1,800Percent complete with respect to materialsPercent complete with respect to conversion(ID#82453)Q: The total cost transferred from the XHBADU560's first processing department to the next processing department during the month is closest to:(Round "Cost per equivalent unit" to 3 decimal places.)70%55%Multiple Choice$214,694$171,965< Prev1 of 25Next > Multiple Choice$214,694$171,965$199,004$189,704< Prev1 of 25Next >MacBook PrODIIDDF10F9FB

First compute equivalent units for materials and conversion and then compute the cost per equivalent…

orporation uses the weighted-average method in its process costing system. XHBADU560's data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory Materials costs 1,000 $ 7,400 $ 2,700 Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production during the month Units transferred to the next department during the month 55% 25% 6,900 6,100 Materials costs added during the month Conversion costs added during the month $ 110,500 $ 83,600 Ending work in process inventory: Units in ending work in process inventory 1,800 Percent complete with respect to materials Percent complete with respect to conversion (ID#82453) Q: The total cost transferred from the XHBADU560's first processing department to the next processing department during the month is clos 70% 55% (Round "Cost per equivalent unit" to 3 decimal places.) Multiple Choice $214,694 $171,965 1 of 25 Next > Prev