Waterway Manufacturing decided to analyze certain costs for June of the current year. Units started...

60.1K

Verified Solution

Question

Accounting

Waterway Manufacturing decided to analyze certain costs for June of the current year. Units started into production equalled 14500 and ending Work in Process inventory equalled 2000 units. With no beginning Work in Process inventory, how much is the conversion cost per unit if ending Work in Process inventory was 35% complete and total conversion costs equalled $ 71280 and if the weighted-average method is used?

$ 5.40

$ 4.32

$ 2.70

$ 12.34

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students