Hache Corporation uses the weighted-average method in its process costing system. Welding Department, started the month with 17,300 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7.720. An additional 89,600 units were started into production during the month and 92,600 units were completed in the Welding Department and transferred to the next processing department. There were 14,300 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $203,000 in conversion costs were incurred the department during the month. The cost per equivalent unit for conversion costs for the month is closest to: O $1.995 O $1.998 O $2.304 $2.230

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 6BE: The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus...
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Hache Corporation uses the weighted-average method in its process costing system. The first process
Welding Department, started the month with 17,300 units in its beginning work in process inventory that were 20% complete
with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,720. An additional
89,600 units were started into production during the month and 92,600 units were completed in the Welding Department and
transferred to the next processing department. There were 14,300 units in the ending work in process inventory of the Welding
Department that were 90% complete with respect to conversion costs. A total of $203,000 in conversion costs were incurred
the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:
O $1.995
O $1.998
O $2.304
O $2.230
Transcribed Image Text:Hache Corporation uses the weighted-average method in its process costing system. The first process Welding Department, started the month with 17,300 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,720. An additional 89,600 units were started into production during the month and 92,600 units were completed in the Welding Department and transferred to the next processing department. There were 14,300 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $203,000 in conversion costs were incurred the department during the month. The cost per equivalent unit for conversion costs for the month is closest to: O $1.995 O $1.998 O $2.304 O $2.230
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