Weiss Company Weiss Company adds material at the start of production. The following production information is available for September: Beginning Work in Process Inventory (45% complete as to conversion) 10,000 units Started this period 120,000 units Ending Work in Process Inventory (80% complete as to conversion) 8, 200 units Beginning Work in Process Inventory Costs: Material $24, 500 Conversion 68,905 Current Period Costs: Material $75, 600 Conversion 130,053 Refer to Weiss Company. What are the equivalent units for conversion using the FIFO method? Select one: a. 118,360 b. 128, 360 c. 122,860 d . 123,860 Refer to Weiss Company. What is the conversion cost per equivalent unit using the weighted average method? Select one: a. $1.55 b. $1.01 c. $1.61 d. $1.05

Weiss Company Weiss Company adds material at the start of production. The following production information is available for September: Beginning Work in Process Inventory (45% complete as to conversion) 10,000 units Started this period 120,000 units Ending Work in Process Inventory (80% complete as to conversion) 8, 200 units Beginning Work in Process Inventory Costs: Material $24, 500 Conversion 68,905 Current Period Costs: Material $75, 600 Conversion 130,053 Refer to Weiss Company. What are the equivalent units for conversion using the FIFO method? Select one: a. 118,360 b. 128, 360 c. 122,860 d . 123,860 Refer to Weiss Company. What is the conversion cost per equivalent unit using the weighted average method? Select one: a. $1.55 b. $1.01 c. $1.61 d. $1.05

Name: Weiss Company Weiss Company adds material at the start of production.
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Description: Weiss Company Weiss Company adds material at the start of production. The following production information is available for September: Beginning Work inProcess Inventory (45% complete as to conversion) 10,000 units Started this period 120, 000 units

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 15E: Costs per equivalent unit and production costs Based on the data in Exercise 17-14, determine the...

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