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exam 1 Saved Help Save & Exit Submit MC Qu. 115 Richards Corporation uses...

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exam 1 Saved Help Save & Exit Submit MC Qu. 115 Richards Corporation uses the weighted-average... Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department: Units Beginning Inventory: 92,000 units, 80% complete as to materials and 25% complete as to conversion. Units started and completed: 274,000. onis completed and transferred out: 366,000. Ending Inventory: 36,000 units, 30% complete as to m aterials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $49,200 Costs in beginning Work in Process - Conversion: $91,700. Costs incurred in October - Direct Materials: $744.600. Costs incurred in October - Conversion: $1,100,620 Calculate the cost per equivalent unit of conversion. Multiple Choice Prex 17 of 40EI Next 50 PM O201

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