FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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D
28
Milling Department
Cost of beginning work in process inventory
Costs added during the period
Total cost
Multiple Choice
O
If the equivalent units of production for conversion is 5,000 units using the weighted average method, then what is the cost per equivalent unit for conversion?
Note: Round your final answer to nearest whole dollar amount.
O
$80
$77
Materials
$ 10,000
290,000
$ 300,000
5140
Conversion
$ 15,000
386,500
$ 401,500
Total
$ 25,000
676,50e
$ 701,500
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Transcribed Image Text:D 28 Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Multiple Choice O If the equivalent units of production for conversion is 5,000 units using the weighted average method, then what is the cost per equivalent unit for conversion? Note: Round your final answer to nearest whole dollar amount. O $80 $77 Materials $ 10,000 290,000 $ 300,000 5140 Conversion $ 15,000 386,500 $ 401,500 Total $ 25,000 676,50e $ 701,500
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