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

question 66

Multiple Choice

Hache Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,000 units in its beginning work in process stock that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process stock was £7,480. An additional 89,000 units were started into production during the month and 92,000 units were completed in the Welding Department and transferred to the next processing department. There were 14,000 units in the ending work in process stock of the Welding Department that were 90% complete with respect to conversion costs. A total of £202,400 in conversion costs were incurred in the department during the month.
What would be the cost per equivalent unit for conversion costs for the month (Round off to three decimal places.)

• A)£1.965
• B)£2.200
• C)£2.007
• D)£2.274

---

Definitions:

HTML Tag

A piece of code used in HTML to denote the structure and formatting of web page content, surrounded by angle brackets.

Main Method

The main method in Java is the entry point of any Java application, a static method that accepts an array of strings as an argument.

JMenus

JMenus are components in Java's Swing library used to implement drop-down menu functions in graphical user interfaces.

Uniform Resource Locator

A Uniform Resource Locator (URL) is the address of a resource on the internet, indicating the protocol to be used for accessing it and its location.