Homework Answers
Solution:
Ending WIP inventory = (Equivalent unit of material in ending WIP * cost per equivalent unit of material) + (Equivalent unit of conversion in ending WIP * cost per equivalent unit of conversion)
= (36000*$2.60) + (36000*$3.75) = $228,600
Hence 4th option is correct.
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Williams Company computed its cost per equvalent unit Sor drect materals to be $2.60 and its...
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Heller Corporation uses the weighted average method in its process costing system.D first processing department for the most recent month are listed below: in its process costing system. Data concerning the Beginning work in process inventory: Units in beginning work in process inventory ........... Materials costs......... Conversion costs...................... Percent complete with respect to materials........ Percent complete with respect to conversion...... Units started...
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the cost per equivalent unit for materials for the month in the first processing department is...
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