Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. Thedata below summarize the department's operations in January.PercentCompletewith RespecttoUnitsConversionBeginning work in process inventoryTransferred in from the prior department during JanuaryCompleted and transferred to the next department during January5, 10070%59,00056,800Ending work in process inventory7,30040%The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34,558 and a total of $559,254 in conversioncosts were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest to: Multiple Choice$9.680$9.943$9.479$8.435

Name: Paceheco Corporation uses the weighted-average method in its process
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Description: Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. Thedata below summarize the department's operations in January.PercentCompletewith Respec

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Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Units Conversion Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory 5,100 70% 59,000 56,800 7,300 40% The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34,558 and a total of $559,254 in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest to:

Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. Percent Complete with Respect to Units Conversion Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory 5,100 70% 59,000 56,800 7,300 40% The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34,558 and a total of $559,254 in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest to:

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