Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 290,000 $ 300,000 Conversion $ 15,000 390,500 $ 405,500 Total $ 25,000 680,500 $ 705,500 If the equivalent units of production for conversion is 5,000 units using the weighted-average method, then what is the cost per equivalent unit for conversion? (Round your final answer to nearest whole dollar amount.) Multiple Choice $81 о О $78 $141 о $60

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
Milling Department
Cost of beginning work in process inventory
Costs added during the period
Total cost
Materials
$ 10,000
290,000
$ 300,000
Conversion
$ 15,000
390,500
$ 405,500
Total
$ 25,000
680,500
$ 705,500
If the equivalent units of production for conversion is 5,000 units using the weighted-average method, then what is the cost per equivalent unit for conversion? (Round your final answer to nearest whole dollar
amount.)
Multiple Choice
$81
о
О
$78
$141
о
$60
Transcribed Image Text:Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 290,000 $ 300,000 Conversion $ 15,000 390,500 $ 405,500 Total $ 25,000 680,500 $ 705,500 If the equivalent units of production for conversion is 5,000 units using the weighted-average method, then what is the cost per equivalent unit for conversion? (Round your final answer to nearest whole dollar amount.) Multiple Choice $81 о О $78 $141 о $60
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 1 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,