Rariton Corporation uses the weighted-average method in its process costing system.The Molding Department is the second department in its production process.The data below summarize the department's operations in January. The Molding Department's cost per equivalent unit for conversion cost for January was $5.37. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?

Question

Rariton Corporation uses the weighted-average method in its process costing system.The Molding Department is the second department in its production process.The data below summarize the department's operations in January.  The Molding Department's cost per equivalent unit for conversion cost for January was $5.37. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?

Quizplus · Accepted Answer

Weighted-average method
 11eaa3fe_3316_46a0_908b_434e61eafbb1_TB2461_00 
 11eaa3fe_3316_6db1_908b_a38340defbc1_TB2461_00

Rariton Corporation Uses the Weighted-Average Method in Its Process Costing