Destin Company uses the weighted average method in its process costing system. The first processing department, the welding department, started the month with 10,000 units in its beginning work in process inventory that were 30% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 60,000 units were started into production during the month. There were 19,000 units in the ending work in process inventory of the welding department that were 70% complete with respect to conversion costs. A total of $383,060 in conversion costs were incurred in the department during the month. that would be the cost per equivalent unit for conversion costs for the month? (round off to three decimal places)

Destin Company uses the weighted average method in its process costing system. The first processing department, the welding department, started the month with 10,000 units in its beginning work in process inventory that were 30% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 60,000 units were started into production during the month. There were 19,000 units in the ending work in process inventory of the welding department that were 70% complete with respect to conversion costs. A total of $383,060 in conversion costs were incurred in the department during the month. that would be the cost per equivalent unit for conversion costs for the month? (round off to three decimal places)

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Description: Please do not give solution in image format thanku Destin Company uses the weightedaverage method in its process costingsystem. The first processingdepartment, the welding department,started the month with 10,000 units inits beginning work in process

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4CMA: A company is using process costing with the first-in, first-out (FIFO) method, and all costs are...

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