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University Of North Carolina At Chapel Hill Operations And Supply Chain Management Assignment Help - Dewey Company

Question - Dewey Company uses the weighted-average method in its process-costing system. The first
processing department, the Welding Department, started the month with 15,000 units in its beginning
work-in-process inventory that were 20% complete with respect to conversion costs. The conversion
cost in this beginning work-in-process inventory was $19,200. An additional 86,000 units were started
into production during the month. There were 13,000 units in the ending work-in-process inventory of
the Welding Department that were 60% complete with respect to conversion costs. A total of
$575,360 in conversion costs were incurred in the department during the month.
The cost per equivalent unit for conversion costs is closest to

A. $6.690.
B. $5 ...Read More

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