Costing Help Save & El Lucas Corporation uses the weighted average method in its process costing…

Costing Help Save & El Lucas Corporation uses the weighted average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows Materials Units Work in process on October 1 6,000 $ 3,00 Units started during October 50,000 $25,560 Units completed and transferred to the next Department during October 44,000 Cost What was the materials cost of work in process at October 31? Multiple choice 0 0 0 C 5 Costing 0 Lanjan Corporation uses the weighted average method in its process costing system Operating data for the first processing department for the month of June appear below Percent complete with Respect to conversion Beginning work in process inventory Started into production during June Ending work in process inventory Units 14,888 76,00 20,000 According to the company's records, the conversion cost in beginning work in process riventory was 592.218 at the beginning of June. Additional conversion costs of $571618 were incurred in the department during the month what was the cost per equivalent unit for conversion costs for the month Round off to three decimal places) Multiple Choice According to the company's records, the conversion cost in beginning work in process inventory was $92.218 at the beginning of June. Additional conversion costs of $571,618 the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places) Multiple Choice o o o o

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.