Peach Company uses a weighted-average process-costing system.Company records disclosed that the ﬁrm completed 40,000 units during the month and had 10,000 units in process at month-end, 20% complete.Conversion costs associated with the beginning work-in-process inventory amounted to $231,000, and amounts that relate to the current month totaled $966,000.If conversion is incurred uniformly throughout manufacturing, Peach's equivalent-unit cost is:

Question

Quizplus · Accepted Answer

The Answer of Peach Company uses a weighted-average process-costing system.Company records disclosed that the ﬁrm completed 40,000 units during the month and had 10,000 units in process at month-end, 20% complete.Conversion costs associated with the beginning work-in-process inventory amounted to $231,000, and amounts that relate to the current month totaled $966,000.If conversion is incurred uniformly throughout manufacturing, Peach's equivalent-unit cost is:

Peach Company Uses a Weighted-Average Process-Costing System