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What department x cost per equivalent unit

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Reference no: EM132693145

The following information is available for Department X for the month of August:

Work in process, August 1:

Materials $8,480

Conversion costs. $15,900

Costs added during August:

Materials $29,680

Conversion costs $26,500

Equivalent units of production (weighted average):

Materials 4,240

Conversion 5,300

Problem 1: Department X's cost per equivalent unit with respect to conversion, using the weighted average method would be:

a.$8.00.

b.$3.00.

c.$9.00.

d.$5.00.

Problem 2: The two methods of treating beginning work-in-process inventory in process costing are:

a.weighted average and FIFO.

b.FIFO and LIFO.

c.weighted average and LIFO.

d.weighted average and exact costing.

Reference no: EM132693145

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