A production department's beginning inventory cost includes $450,000 of conversion costs. This di incurs an additional $927,500 in conversion costs in the month of March. Equivalent units of produc conversion total 850,000 for March. Calculate the cost per equivalent unit of conversion using the weighted-average method. Choose Numerator Cost per equivalent unit of conversion Choose Denominator Cost per equivalent unit of production

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 6PA: Narwhal Swimwear has a beginning work in process inventory of 13,500 units and transferred in...
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A production department's beginning inventory cost includes $450,000 of conversion costs. This department
incurs an additional $927,500 in conversion costs in the month of March. Equivalent units of production for
conversion total 850,000 for March.
Calculate the cost per equivalent unit of conversion using the weighted-average method.
Choose Numerator
Cost per equivalent unit of conversion
Choose Denominator
I
Cost per equivalent unit of production
Transcribed Image Text:A production department's beginning inventory cost includes $450,000 of conversion costs. This department incurs an additional $927,500 in conversion costs in the month of March. Equivalent units of production for conversion total 850,000 for March. Calculate the cost per equivalent unit of conversion using the weighted-average method. Choose Numerator Cost per equivalent unit of conversion Choose Denominator I Cost per equivalent unit of production
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