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$9.884 is cost per equivalent unit for conversion Costs.
| Calculation of Equivalent units | |||
| Units | Material | Conversion | |
| Transferred Out Units | 57100 | 57100 | 57100 |
| Closing WIP: | 7600 | ||
| Direct Materials 100% complete | 7600 | ||
| Conversion 40% complete | 3040 | ||
| Equivalent Units | 64700 | 60140 |
| Cost per equivalent units for Conversion | |
| Conversion | |
| Opening WIP Cost | 34858 |
| Current Cost | 559554 |
| Total Cost | 594412 |
| Equivalent Units | 60140 |
| Cost per equivalent units | 9.884 |
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QUESTION 15 Paceheco Corporation uses the weighted average method in its process costing system. The Molding...
Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
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. Units
Percent Complete with Respect to Conversion Beginning work in
process inventory 5,200 70 % Transferred in from the prior
department during January 59,100 Completed and transferred to the
next department during January 56,900 Ending work in process
inventory 7,400 40 % The accounting records indicate that the
conversion...
Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
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. Units Percent Complete with Respect to Conversion Beginning work in process inventory 5,550 70 % Transferred in from the prior department during January 59,450 Completed and transferred to the next department during January 57,250 Ending work in process inventory 7,750 40 % The accounting records indicate that the conversion...
Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
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. Units Percent Complete with Respect to Conversion Beginning work in process inventory 5,850 70 % Transferred in from the prior department during January 59,750 Completed and transferred to the next department during January 57,550 Ending work in process inventory 8,050 40 % The accounting records indicate that the conversion...
Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
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. Units Percent Complete with Respect to Conversion Beginning work in process inventory 5,600 70% Transferred in from the prior department during January 59,500 Completed and transferred to the next department during January 57,300 Ending work in process inventory 7,800 40% The accounting records indicate that the conversion cost that...
Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is...
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 Conversion 70% 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 Units 5,900 59,800 57,600 8,100 40% The accounting records indicate that the conversion cost...
Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is...
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 operations in January Percent Complete with Respect to 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 6,85e 59,950 57,750 8,250 40% The accounting records indicate that the conversion cost that had...
Corporation uses the weighted-average method in its process costing system. The Molding it is the second...
Corporation uses the weighted-average method in its process costing system. The Molding it is the second department in its production process. The data below summarize the department's in January Percent Complete with Respect to Conversion 70% ing work in process inventory erred in from the prior department during January ted and transferred to the next department during January work in process inventory Units 5,700 59,600 57,400 7,900 40% nting records indicate that the conversion cost that had been assigned to...
ABC Corporation uses the weighted-average method in its process costing system. The Molding Department is the...
ABC 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 Units Respect to Conversion Beginning work in process inventory 5,100 70% Transferred in from the prior department during January 59,000 Completed and transferred to the next department during January 56,800 Ending work in process inventory 7,300 40% The accounting records indicate that the conversion cost that...
can someone please help with this practice problem? Paceheco Corporation uses the weighted average method in...
can
someone please help with this practice problem?
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 Conversion 70% 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 Units 6, eee 59,900 57,700 8,...
Corporation uses the weighted average method in its process costing system. The Molding Department is the...
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 Respect to 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 Units 8,000 66,800 8,200 BOX The Molding Department's cost per equivalent unit for conversion cost for cary...
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. Units
Percent Complete with Respect to Conversion Beginning work in
process inventory 5,200 70 % Transferred in from the prior
department during January 59,100 Completed and transferred to the
next department during January 56,900 Ending work in process
inventory 7,400 40 % The accounting records indicate that the
conversion...
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 Conversion 70% 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 Units 5,900 59,800 57,600 8,100 40% The accounting records indicate that the conversion cost...
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 operations in January Percent Complete with Respect to 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 6,85e 59,950 57,750 8,250 40% The accounting records indicate that the conversion cost that had...
Corporation uses the weighted-average method in its process costing system. The Molding it is the second department in its production process. The data below summarize the department's in January Percent Complete with Respect to Conversion 70% ing work in process inventory erred in from the prior department during January ted and transferred to the next department during January work in process inventory Units 5,700 59,600 57,400 7,900 40% nting records indicate that the conversion cost that had been assigned to...
ABC 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 Units Respect to Conversion Beginning work in process inventory 5,100 70% Transferred in from the prior department during January 59,000 Completed and transferred to the next department during January 56,800 Ending work in process inventory 7,300 40% The accounting records indicate that the conversion cost that...
can
someone please help with this practice problem?
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 Conversion 70% 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 Units 6, eee 59,900 57,700 8,...
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 Respect to 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 Units 8,000 66,800 8,200 BOX The Molding Department's cost per equivalent unit for conversion cost for cary...
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