Solution-Conversion cost for month in the first processing

Conversion cost for month in the first processing department

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Reference no: EM13341585

Abis Corporation uses the weighted-average method in its process-costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were

	Cost	Percent Complete
Material costs	$6,000	50%
Conversion costs	$9,900	30%

A total of 9,200 units were started, and 8,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

	Cost
Material costs	$113,900
Conversion costs	$322,500

The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs

What are the equivalent units for conversion costs for the month in the first processing department?

Reference no: EM13341585

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Conversion cost for month in the first processing department

Reference no: EM13341585

Reference no: EM13341585

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