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Zebra Company manufactures Product Z in a two-stage production cycle in Departments A and B....

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Accounting

Zebra Company manufactures Product Z in a two-stage production cycle in Departments A and B. Materials are added at the beginning of the process in Department B. Zebra uses the weighted-average method. Conversion costs for Department B were 40% complete as to the 47,500 units in the beginning work-in-process (WIP) inventory and 50% complete as to the 66,500 units in the ending work-in-process inventory. 95,000 units were completed and transferred out of Department B during October. An analysis of the costs relating to work-in-process inventories and production activity in Department B for October follows:
Transferred-
in Costs Materials
Costs Conversion
Costs
WIP, October 1: $ 95,000 $ 28,500 $ 9,500
Costs added in October 228,00052,25041,800
The total cost per equivalent unit transferred-out for October of Product Z, rounded to the nearest penny, was:
Multiple Choice
$2.90.
$2.95.
$2.75.
$2.80.
$2.85.

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