Author Question: Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct ... (Read 101 times)

mspears3 · **on:** Mar 6, 2021

Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted-average costing.

The following information is available for the month of March 2017 for the Assembly department.

Work in process, beginning inventory

350 units

Conversion costs (40% complete)

Units started during March

850 units

Work in process, ending inventory:

160 units

Conversion costs (55% complete)

The cost details for the month of March are as follows:
Work in process, beginning inventory:

Direct materials

$349,000

Conversion costs

$362,000

Direct materials costs added during March

$705,500

Conversion costs added during March

$1,129,000

What is the conversion cost per equivalent unit in March? (Round to the nearest cent)
◦ $940.83
◦ $1321.81
◦ $1310.28
◦ $1000.89

smrerig · **Reply #1 on:** Mar 6, 2021

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 50% of students answer this correctly