Raider Corporation uses the weighted-average method is les process costing system, The Ming Dement the d department in its production process. The data below summarize the department's operations in Pary Units Percent Complete with Respect to Comerion 9.400 10% Beginning work in process inventory Transferred in from the prior department during January 81,000 Completed and transferred to the next department during January 80,800 Ending work in process inventory 9,600 80% The Molding Department's cost per equivalent unit for conversion cost for January was $3.36. How much conversion costr assigned to the ending work in process inventory in the Molding Department for January?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Raider Corporation uses the weighted average method in its process costing system. The Muding Department the c
department in its production process. The data below summarize the department's operations in y
Beginning work in process inventory
Transferred in from the prior department during January
81,000
Completed and transferred to the next department during January 80,800
Ending work in process inventory
9,600 80%
The Molding Department's cost per equivalent unit for conversion cost for January was $3.36. How much conversion cost was
assigned to the ending work in process inventory in the Molding Department for January?
O $6,451.20
$22,123.70
Units Percent Complete with Respect to Comerion
9.400 10%
O $25,804.80
$32,256.00
Transcribed Image Text:Raider Corporation uses the weighted average method in its process costing system. The Muding Department the c department in its production process. The data below summarize the department's operations in y Beginning work in process inventory Transferred in from the prior department during January 81,000 Completed and transferred to the next department during January 80,800 Ending work in process inventory 9,600 80% The Molding Department's cost per equivalent unit for conversion cost for January was $3.36. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January? O $6,451.20 $22,123.70 Units Percent Complete with Respect to Comerion 9.400 10% O $25,804.80 $32,256.00
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