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David Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 20,000 units in its beginning work in process inventory that were 80% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $123,200. An additional 65,000 units were started into production during the month. There were 19,000 units in the ending work in process inventory of the Welding Department that were 10% complete with respect to conversion costs. A total of $389,250 in conversion costs were incurred in the department during the month.
What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)
$7.547
$7.700
$4.634
$5.988
Prepare, in journal form, worksheet adjustments for The City leveied property taxes for the current fiscal year in the amount of $10,000,000 When making the entries.
Write one page single space, comparing these two methods: key differences, and recommends which method should be used for this company and why.
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question on 1st january 2008 the sas company entered into a lease for a high-tech printing press where sas agreed to
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