Question

Consider the following information from the records of Bennington Corporation. The company uses the weighted-average method. Brining Department Materials Conversion Equivalent units of production 1,670 1,660 Costs of beginning work in process $ 250 $ 350Costs added during the period $ 2,255 $ 3,385 i. When computing the cost per equivalent unit for conversion, what is the total cost that will be included in the numerator of that calculation? a. $3,735 b. $2,255 c. $5,640 d. $6,240 ii. What is the cost per equivalent unit for conversion? a. $1.50 b. $1.67 c. $2.20 d. $2.25

Answer 1

1. a) $3735

2. d) $2.25

Step-by-step explanation:

1. Computation of total cost that will be included in the numerator of that calculation

Total Conversion cost = 350+3385

Total Conversion cost= 3735

Therefore the total cost that will be included in the numerator of that calculation is 3735

2. Computation for Cost per equivalent unit of conversion cost

Cost per equivalent unit of conversion cost = 3735/1660

Cost per equivalent unit of conversion cost = 2.25

Therefore Cost per equivalent unit of conversion cost is $2.25