Bistrol Corporation uses the weighted-average method in its process costing system. This month, the beginning...
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Accounting
Bistrol Corporation uses the weightedaverage method in its process costing system. This month, the beginning inventory in the first processing department consisted of units. The costs and percentage completion of these units in beginning inventory were:
Cost Percent Complete
Materials costs $
Conversion costs $
A total of units were started and units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:
Cost
Materials costs $
Conversion costs $
The ending inventory was complete with respect to materials and complete with respect to conversion costs.
The cost per equivalent unit for conversion costs for the first department for the month is closest to:
Answer & Explanation
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