Barnett Corporation uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in Department M. Conversion costs were 75% complete with respect to the 4,000 units in work in process at May 1 and 50% complete with respect to the 6,000 units in work in process at May 31. During May, 12,000 units were completed and transferred to the next department. An analysis of the costs relating to work in process at May 1 and to production activity for May follows: The total cost per equivalent unit for May was:   material conversion work in process May 1 $13,800 $3,740 cost added during May $42,000 $26,260

Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:   Units Percent Complete with Respect to Conversion Beginning work-in-process inventory   11,000     50 % Started into production during June   98,000         Ending work-in-process inventory   21,000     80 % According to the company's records, the conversion cost in beginning work-in-process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month.What was the cost per equivalent unit for conversion costs for the month? (Round your answer to 3 decimal places.)     $8.322.     $6.934.     $8.530.     $8.420.

Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production during the month Units transferred to the next department during the month Materials costs added during the month Conversion costs added during the month O $40,868 O $40,535 O $59,904 $ $ O $46,991 1900 8300 3600 55% 25% Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: (Round your intermediate calculations to 3 decimal places.) 7800 7000 $…

Lukluk Company uses the FIFO method in its process costing system. The conversion cost for the month of April is P5.00 per equivalent unit and the material cost is P2.90 per equivalent unit. At the beginning of the month, 1,000 units were in process that were 100% complete with respect to materials and 30% complete with respect to conversion, with a total cost at that point of P2,400. If these units are fully complete by the end of the month, their total cost will be: A. 3,500 b. 5,900 c. 3,900