PROBLEM #3 12 points Narver Corporation uses the weighted-average method in its

Question

PROBLEM #3 12 points Narver Corporation uses the weighted-average method in its process costing system. Operating data for the Mixing Department for the month of May appears below: Percent Complete with Respect to Units Conversion 6,600 60% Beginning work in process inventory 40,100 Transferred in from the prior department during May 37,100 Completed & transferred to the next dept during May Ending work in process inventory 9.600 80% What were the equivalent units for conversion costs in the Mixing Department for May?

Explanation / Answer

No. of Equivelent unit is 47,420.

Particulars Unit % of completion in the May Equievelent Unit Opening 6600 0.40 2,640 Completed and transferred 37100 1.00 37,100 Closing 9600 0.80   7,680 Total 47,420

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.