Atwich Corporation Uses the Weighted-Average Method in Its Process Costing

question 77

Multiple Choice

Atwich Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 600 units. The costs and percentage completion of these units in beginning inventory were: A total of 5,100 units were started and 4,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: The ending inventory was 75% complete with respect to materials and 10% complete with respect to conversion costs.
Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places.
-What are the equivalent units for conversion costs for the month in the first processing department?

• A)6,925
• B)7,200
• C)6,700
• D)225

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Definitions:

Glucose

A simple sugar and important energy source in living organisms, serving as a primary cellular fuel.

Active Transport Proteins

Proteins that use energy to move substances across a cell membrane against a concentration gradient, from lower to higher concentration.

Small Intestine

A part of the gastrointestinal tract between the stomach and the large intestine where most of the digestion and absorption of nutrients occurs.

Caloric Intake

The total number of calories consumed through food and drink, critical for energy balance and weight management.