Question
the cost per equivalent unit for conversion costs for the first department for the month is closest to:
Heller Corporation uses the weighted average method in its process costing system.D first processing department for the most
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Answer #1
Units transferred to the next department 8300
Ending work in process inventory 350 =1400*25%
Equivalent units for Conversion costs 8650
Conversion costs in beginning inventory 2800
Add: Conversion costs added during the month 147900
Total Conversion costs 150700
Divide by Equivalent units for Conversion costs 8650
Cost per Equivalent unit for Conversion costs 17.42
Option B $17.42 is correct
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