Kamp Company uses the weighted-average method in its process costing. Information about units proces

Kamp Company uses the weighted-average method in its process costing. Information about units processed during a recent month in the Curing Department follow:      

 

 

 

Units

Conversion Percent Completion

 

Beginning work in process inventory……..

10,000

30%

 

Units started into production………………..

150,000

 

 

Units completed and transferred out……..

140,000

 

 

Ending work in process inventory………….

20,000

40%

 

 

 

            The beginning work in process inventory had $4,600 in conversion cost. During the month, the Department incurred an additional $210,000 in conversion cost.

 

Required:         

a.       Determine the equivalent units of production for conversion for the month.

b.      Determine the cost per equivalent unit of production for conversion for the month.

c.       Determine the total conversion cost transferred out during the month.

d.      Determine the conversion cost assigned to the ending work in process inventory.

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