Waling-waling Company had 6,400 units of work-in-process inventory in department A on October 1, 2022. These units were 60% complete as to conversion. Direct materials are added at the beginning of...

By how much did the conversion cost EUP for the month of October using average method exceed the conversion EUP for the same month using FIFO method?

Waling-waling Company had 6,400 units of work-in-process inventory in department A on<br>October 1, 2022. These units were 60% complete as to conversion. Direct materials are added<br>at the beginning of the process. During the month of October, 27,200 units were started and<br>28,800 units were completed. Waling-Waling had 4,800 units of work-in-process inventory on<br>October 31, 2022. These units were 20% incomplete as to conversion cost.<br>By how much did the conversion cost EUP for the month of October using average<br>method exceed the conversion EUP for the same month using FIFO method?<br>

Extracted text: Waling-waling Company had 6,400 units of work-in-process inventory in department A on October 1, 2022. These units were 60% complete as to conversion. Direct materials are added at the beginning of the process. During the month of October, 27,200 units were started and 28,800 units were completed. Waling-Waling had 4,800 units of work-in-process inventory on October 31, 2022. These units were 20% incomplete as to conversion cost. By how much did the conversion cost EUP for the month of October using average method exceed the conversion EUP for the same month using FIFO method?

Jun 10, 2022

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Waling-waling Company had 6,400 units of work-in-process inventory in department A on October 1, 2022. These units were 60% complete as to conversion. Direct materials are added at the beginning of...

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