Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 110,000. Units completed and transferred out: 135,000. Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $43,000. Costs in beginning Work in Process - Conversion: $48,850. Costs incurred in February - Direct Materials: $287,000. Costs incurred in February - Conversion: $599,150. Calculate the cost per equivalent unit of conversion. A. $4.98 B. $5.45 C. $4.16 D. $4.50 E. $4.60
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Business, 21.06.2019 17:10
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Business, 21.06.2019 22:20
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Business, 21.06.2019 23:00
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Answers: 1
Business, 22.06.2019 07:30
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Answers: 2
Sparky Corporation uses the weighted-average method of process costing. The following information is...
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