Business, 08.04.2020 04:44 sanchez626

Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 500 Materials costs$7,800 Conversion costs$9,100 Percent complete with respect to materials 85% Percent complete with respect to conversion 55% Units started into production during the month 7,000 Units transferred to the next department during the month 6,100 Materials costs added during the month$102,700 Conversion costs added during the month$184,400 Ending work in process inventory: Units in ending work in process inventory 1,400 Percent complete with respect to materials 60% Percent complete with respect to conversion 50% The cost per equivalent unit for materials for the month in the first processing department is closest to: Multiple Choice $15.92 $14.80 $14.73 $13.69

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Haffner Corporation uses the weighted-average method in its process costing system. Data concerning...

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