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Santini Company uses the weighted-average method in its process costing system. The following data were taken from the company's accounting records:
The equivalent units of production for conversion costs were:
Drafke Company, a manufacturer of bicycle tires, uses the weighted-average method in its process costing system. The company sold 500,000 units during the month of June. There is only one processing department. The following data were taken from the company's accounting records:
What were the equivalent units of production for conversion costs for June?
Murdock Company uses the weighted-average method in its process costing system. The following information pertains to Processing Department #1 for the month of August:
All materials are added at the beginning of the process. The cost per equivalent unit for materials is closest to:
The Aurora Company uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on May 31 consisted of 72,000 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for May was $11.00 for materials and $17.00 for labor and overhead, the total cost assigned to the ending work in process inventory was: