University Of Texas At Austin Operations And Supply Chain Management Assignment Help - Managerial Accounting

Question - Heller Corporation uses the weighted-average method in its process costing system. Data concerning
the first processing department for the most recent month are listed below:
Beginning work in process inventory:
Units in beginning work in process inventory 1,250
Materials costs $10,200
Conversion costs $9,700
Percent complete with respect to materials 65%
Percent complete with respect to conversion 30%
Units started into production during the month 13,300
Units transferred to the next department during the month 13,500
Materials costs added during the month $142,404
Conversion costs added during the month $224,741
Ending work in process inventory:
Units in ending work in process inventory 1,050
Percent complete with respect ...Read More to materials 60%
Percent complete with respect to conversion 20%
The cost of ending work in process inventory in the first processing department according to the
company's cost system is closest to: (Round your cost per equivalent unit answers to 2 decimal
places.)
$5,244
$18,932
$34,576
$10,395 ...Read Less

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