Answer-
Correct answer is c ($8.088)
Calculation of units completed
Opening units (100%) 20400
Complete unit (100%) 67000
Closing unit (70%) 20300
Total completed units 107700
Calculation of conversion cost
Cost of opening wip 22200
Cost of the process 848880
Total $ 871080
cost per equivalent units = 871080/107700 = $8.088
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the...
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,400 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,700. An additional 91,000 units were started into production during the month. There were 24,000 units in the ending work in process inventory of the Welding Department that were...
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 21,200 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $24,200. An additional 100,000 units were started into production during the month. There were 33,000 units in the ending work in process inventory of the Welding Department that were...
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 21,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $23,700. An additional 99,000 units were started into production during the month. There were 32,000 units in the ending work in process inventory of the Welding Department that were...
1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,200 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 90,000 units were started into production during the month. There were 23,000 units in the ending work in process inventory of the Welding Department that...
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Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,550 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,920. An additional 90,100 units were started into production during the month and 93,100 units were completed in the Welding Department and transferred to the next processing department. There...
David Corporation uses the weighted average method in its process costing system. The first processing department, the Welding Department, started the month with 19,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $139,200. An additional 97.000 units were started into production during the month. There were 19.000 units in the ending work in process inventory of the Welding Department that...
Eban Corporation uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 19,500 units in its beginning work in process inventory that were 50% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $57,200. An additional 60,000 units were started into production during the month. There were 17,000 units in the ending work in process inventory of the Welding Department that were...
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