X company follows weighted-average process costing. The company provided the following information related to department one for the month of January Percentage completed Units Materials Conversion 100% 60% Particulars Beginning work-in-process 10,000 Ending work-in-process 15,000 Cost information: 20% 40% Materials Conversion $50,000 $35,000 $75,500 Beginning work-in-process Costs added during January $95,800 Determine the cost per EUP for materials and conversion, assuming 25,500 units were started during the period. (Round final answers to nearest cent) Cost per EUP for materials and conversion is $5.50 and $3.75 respectively. Cost per EUP for materials and conversion is $4.94 and $3.20 respectively. Cost per EUP for materials and conversion is $3.25 and $2.85 respectively. Cost per EUP for materials and conversion is $4.94 and $4.17 respectively.

X company follows weighted-average process costing. The company provided the following information related to department one for the month of January Percentage completed Units Materials Conversion 100% 60% Particulars Beginning work-in-process 10,000 Ending work-in-process 15,000 Cost information: 20% 40% Materials Conversion $50,000 $35,000 $75,500 Beginning work-in-process Costs added during January $95,800 Determine the cost per EUP for materials and conversion, assuming 25,500 units were started during the period. (Round final answers to nearest cent) Cost per EUP for materials and conversion is $5.50 and $3.75 respectively. Cost per EUP for materials and conversion is $4.94 and $3.20 respectively. Cost per EUP for materials and conversion is $3.25 and $2.85 respectively. Cost per EUP for materials and conversion is $4.94 and $4.17 respectively.

Name: (9) X company follows weighted-average process costing. The company pr
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Description: (9) X company follows weighted-average process costing. The company provided the following information related to department one for the month of JanuaryPercentage completedUnits Materials ConversionParticularsBeginning work-in-process 10,000Ending w

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 14E: Cost per equivalent unit The following information concerns production in the Forging Department for...

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