Department F had 4,000 units in work in process that were 40% completed at the beginning of the period at a cost of $32,400. During the period, direct materials were added at a cost of $27,100, and 15,000 units of product were completed. Direct labor was $31,100, and factory overhead was $18,600. At the end of the period, 3,000 units that were 75% completed remained in work in process inventory. Assume that both direct materials and conversion costs are added evenly throughout the process. If the weighted average method is used, the conversion cost per unit (rounded to the nearest cent) would be Oa. $104.727 Ob. $94.957 Oc. $91.000 Od. $109.200

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Department F had 4,000 units in work in process that were 40% completed at the beginning of the period at a cost of $32,400. During the period, direct materials were added at a cost of
$27,100, and 15,000 units of product were completed. Direct labor was $31,100, and factory overhead was $18,600. At the end of the period, 3,000 units that were 75% completed remained in
work in process inventory. Assume that both direct materials and conversion costs are added evenly throughout the process.
If the weighted average method is used, the conversion cost per unit (rounded to the nearest cent) would be
Oa. $104,727
Ob. $94.957
Oc. $91,000
Od. $109,200
Transcribed Image Text:Department F had 4,000 units in work in process that were 40% completed at the beginning of the period at a cost of $32,400. During the period, direct materials were added at a cost of $27,100, and 15,000 units of product were completed. Direct labor was $31,100, and factory overhead was $18,600. At the end of the period, 3,000 units that were 75% completed remained in work in process inventory. Assume that both direct materials and conversion costs are added evenly throughout the process. If the weighted average method is used, the conversion cost per unit (rounded to the nearest cent) would be Oa. $104,727 Ob. $94.957 Oc. $91,000 Od. $109,200
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