Darden Corporation uses the weighted average method in its process costing system. The first processing department, the Welding Department, started the month with 21,800 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $25,700. An additional 103,000 units were started into production during the month. There were 36,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $855,880 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:

Darden Corporation uses the weighted average method in its process costing system. The first processing department, the Welding Department, started the month with 21,800 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $25,700. An additional 103,000 units were started into production during the month. There were 36,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $855,880 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:

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Description: ll. Darden Corporation uses the weighted average method in its process costing system. The first processing department, the WeldingDepartment, started the month with 21,800 units in its beginning work in process inventory that were 10% complete with

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter5: Process Cost Accounting—general Procedures

Section: Chapter Questions

Problem 2P: Dublin Brewing Co. uses the process cost system. The following data, taken from the organizations...

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