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 $ 350 Costs added during the period $ 2,255 $ 3,385 Knowledge Check 01 When computing the cost per equivalent unit for conversion, what is the total cost that will be included in the numerator of that calculation?

Answer 1

$3,735

Step-by-step explanation:

The computation of the total cost that will be included in the numerator of that calculation is shown below:

= Beginning work in process + cost added during the period

= $350 + $3,385

= $3,735

Basically, we added the beginning work in process and the cost added during the period

The same amount is shown on the numerator side while calculating the cost per equivalent unit