Title Costing Systems - Chapter 2 - part 2.pdf ✅

Use the following information to solve the questions from 1-8 Z Corporation produces Y product through two processes: Molding and Packaging. X company uses the Weighted Average Method. Production and cost data for the Molding Department for March 2024 are presented below. Choose the best answer for each of the following Production data Units in beginning work in process (40% material, 20% conversion costs) 25,000 Units started into production 5,000 Units in ending work in process (60% material, 20% conversion costs) 7,000 Cost data: Beginning Work in Process: Direct material $12,920 Conversion costs $8,700 Costs added during the period: Direct material $85,000 Conversion cost $95,000
1- The units completed and transferred out 2- The equivalent units-material 3- The equivalent units-conversion costs 4- The cost per equivalent unit – material 5- The cost per equivalent unit – conversion costs a. 23,000 u b. 18,000 u c. 32,000 u d. None of these a. 25,800 u b. 30,000 u c. 27,200 u d. None of these a. 28,600 u b. 24,400 u c,. 21,400 u d. None of these a. $3.125 b,. $3.600 c. $13.989 d. None of these a. $4.846 b. $3.893 c. $4.250 d. None of these