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QUESTION 15 Paceheco Corporation uses the weighted average method in its process costing system. The Molding process. The dat
s process costing system. The Molding Department is the second department in its production ns in January Percent Complete wi
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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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