Question

Trapp Corporetion uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2000 units that were 70% complete with respect to materials and 60% complete with respect to conversion costs The cost of the beginning work in process inventary in the department was recorded as $18,500 During the period, 10000 units were completed and transfered on to the next department The costs per equivalent unt for the period were S3 for material ond $38 for conversion costs, The cost of units transferred out diaring the morth was $59.000 $63,360 $68,000 $52,800 Check my wo1k

Answer 1

Answer:- statement of equivalent production conversion costs particulay Output Material °C units units loooo 100' lo 10,000 10,000 100°% completed and transfered 10,000 10000 In given data, materia cost per equivalent unit & $3. conversion cost por equivalent unit = $3.8 ... cost of units transferred = 10,000 x $3) + (10,000 $3.8) $30,000 +$38000 = - Doo $68,000 i option è' is correct