Question

Peach company uses a weighted-average process-costing system. Company records disclosed that the firm completed 44,000 units during the month and had 14,400 units in process at month-end, 30% complete. Conversion costs associated with the beginning work-in-process inventory amounted to $242,000, and amounts that relate to the current month totaled $1,024,000. If conversion is incurred uniformly throughout manufacturing, peach's equivalent-unit cost is:

Answer 1

the Peach company uses a weighted-average process-costing system. Company records disclosed that the firm completed 44,000 units during the month and had 14,400 units in process at month-end, 30% complete. Conversion costs associated with the beginning work-in-process inventory amounted to $242,000, and amounts that relate to the current month totaled $1,024,000. If conversion is incurred uniformly throughout manufacturing, peach's equivalent-unit cost is: highly predictable