33 Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning...
33
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,300 units. The costs and percentage completion of these units in beginning inventory were:
| Cost | Percent Complete |
||||||
| Materials costs | $ | 6,400 | 50% | ||||
| Conversion costs | $ | 2,600 | 20% | ||||
A total of 7,700 units were started and 7,000 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:
| Cost | |||
| Materials costs | $ | 159,600 | |
| Conversion costs | $ | 121,300 | |
The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs.
The cost per equivalent unit for materials for the month in the first processing department is closest to:
Multiple Choice
-
$16.91
-
$17.68
-
$19.08
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$17.43
Homework Answers
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33
Domingo Corporation uses the weighted-average method in its
process costing system. This month, the beginning...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,300 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 50% 20% Cost $ 6,400 $ 2,600 Materials costs Conversion costs A total of 7,700 units were started and 7,000 units were transferred to the second processing department during the month. The following costs were incurred in the first processing...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 700 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 5,800 50% Conversion costs $ 2,000 20% A total of 7,100 units were started and 6,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 500 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 50% 20% Cost $5,600 $ 1,800 Materials costs Conversion costs A total of 6,900 units were started and 6,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 900 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 50% 20% Cost $6,000 $2,200 Materials costs Conversion costs A total of 7,300 units were started and 6,600 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1.600 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $6,700 508 Conversion costs $ 2,900 203 A total of 8,000 units were started and 7,300 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,200 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $ 6,300 50% Conversion costs $ 2,500 20% A total of 7,600 units were started and 6,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 900 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 6,000 50% Conversion costs $ 2,200 20% A total of 7,300 units were started and 6,600 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,100 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 6,200 50% Conversion costs $ 2,400 20% A total of 7,500 units were started and 6,800 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,800 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 6,900 50% Conversion costs $ 3,100 20% A total of 8,200 units were started and 7,500 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory...
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 500 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 5,600 50% Conversion costs $ 1,800 20% A total of 6,900 units were started and 6,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,300 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 50% 20% Cost $ 6,400 $ 2,600 Materials costs Conversion costs A total of 7,700 units were started and 7,000 units were transferred to the second processing department during the month. The following costs were incurred in the first processing...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 500 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 50% 20% Cost $5,600 $ 1,800 Materials costs Conversion costs A total of 6,900 units were started and 6,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 900 units. The costs and percentage completion of these units in beginning inventory were: Percent Complete 50% 20% Cost $6,000 $2,200 Materials costs Conversion costs A total of 7,300 units were started and 6,600 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1.600 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $6,700 508 Conversion costs $ 2,900 203 A total of 8,000 units were started and 7,300 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department...
Domingo Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,200 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $ 6,300 50% Conversion costs $ 2,500 20% A total of 7,600 units were started and 6,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing...
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