Kansas Company Uses the Weighted-Average Method in Its Process Costing

question 87

Multiple Choice

Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:
$\begin{array}{llc}&&\text { Percent Complete with Respect to }\\&\text { Units}&\text { Conversion}\\\text { Beginning work-in-process } & 11,000 & 50 \% \\\text { inventory } && \\\text { Started into production during June } & 98,000 \\\text { Ending work-in-process inventory } & 21,000 & 80 \%\end{array}$

According to the company's records, the conversion cost in beginning work-in-process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month.
What was the cost per equivalent unit for conversion costs for the month? (Round your answer to 3 decimal places.)

• A) $8.420.
• B) $6.934.
• C) $8.530.
• D) $8.322.

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