Business, 01.03.2021 22:10, cnejcnefjvefven47
Limber Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:
Units Percent Complete with Respect to Conversion
Beginning work in process inventory 18,000 80%
Started into production during June 81,000
Ending work in process inventory 17,000 80%
According to the company's records, the conversion cost in beginning work in process inventory was $15,264 at the beginning of June. Additional conversion costs of $68,208 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month?
Answers: 1
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Limber Company uses the weighted-average method in its process costing system. Operating data for th...
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