Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
skully skully
wrote...
Posts: 1384
Rep: 0 0
7 years ago
The accountant at John's Cycle Manufacturing Company uses the weighted-average costing method. The accountant reported that there were 400 equivalent units of work completed to date, and reported the following cost:
Summary of Total Costs

Beginning work in progress (direct materials, $15,000 + conversion costs $6,000)   $21,000
Costs added during March (direct materials, $12,000 + conversion costs $18,000   $30,000
Total costs to account for in March   $51,000

Required:
Compute the conversion cost-per-unit using the weighted-average costing method.
A) 50
B) 52
C) 54
D) 60
E) 62
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
Read 74 times
2 Replies
Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
Replies
Answer verified by a subject expert
lordingtonlordington
wrote...
Top Poster
Posts: 901
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

skully Author
wrote...
7 years ago
You're way better than my teacher, thanks Thumbs Up Sign
Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1288 People Browsing
Related Images
  
 828
  
 1542
  
 771
Your Opinion