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Rariton Corporation uses the weighted average method in its process costing system. The Molding Department is the second depa
ONeill, Incorporateds segmented income statement for the most recent month is given below. Sales Variable expenses Total $1
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Answer #1
Ending work in process equivalent units 760 =1900*40%
X Cost per equivalent units 5.37
Conversion cost assigned to ending inventory 4081.20
Option C $4,081.20 is correct

2

Increase in sales 42200
X Contribution margin ratio 0.75 =73575/98100
Increase in net operating income 31650
Option C increase by $31,650 is correct
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