Solved

Answer the Following Questions Using the Information Below

Question 99

Multiple Choice

Answer the following questions using the information below:
The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Cuckoo Clock Shop uses weighted-average costing.
Data for the Assembly Department for June 2013 are:
Answer the following questions using the information below: The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Cuckoo Clock Shop uses weighted-average costing. Data for the Assembly Department for June 2013 are:      Costs for June 2013:    -What is the conversion cost per equivalent unit in June? A) $627.16 B) $789.57 C) $865.10 D) $945.18 Answer the following questions using the information below: The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Cuckoo Clock Shop uses weighted-average costing. Data for the Assembly Department for June 2013 are:      Costs for June 2013:    -What is the conversion cost per equivalent unit in June? A) $627.16 B) $789.57 C) $865.10 D) $945.18 Costs for June 2013:
Answer the following questions using the information below: The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Cuckoo Clock Shop uses weighted-average costing. Data for the Assembly Department for June 2013 are:      Costs for June 2013:    -What is the conversion cost per equivalent unit in June? A) $627.16 B) $789.57 C) $865.10 D) $945.18
-What is the conversion cost per equivalent unit in June?


A) $627.16
B) $789.57
C) $865.10
D) $945.18

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions