Diston Company uses the weighted-average method in its process costing system. T
ID: 2378620 • Letter: D
Question
Diston Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 25,000 units in its beginning work in process inventory that were 25% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $45,030. An additional 83,000 units were started into production during the month. There were 21,000 units in the ending work in process inventory of the Welding Department that were 10% complete with respect to conversion costs. A total of $680,200 in conversion costs were incurred in the department during the month.
What would be the cost per equivalent unit for conversion costs for the month?
Diston Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 25,000 units in its beginning work in process inventory that were 25% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $45,030. An additional 83,000 units were started into production during the month. There were 21,000 units in the ending work in process inventory of the Welding Department that were 10% complete with respect to conversion costs. A total of $680,200 in conversion costs were incurred in the department during the month.
Explanation / Answer
What would be the cost per equivalent unit for conversion costs for the month?
What would be the cost per equivalent unit for conversion costs for the month?