Problem: Hall Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
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Beginning work in process inventory:
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Units in beginning work in process inventory
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500
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Materials costs
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$7,600
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Conversion costs
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$2,700
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Percent complete with respect to materials
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55%
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Percent complete with respect to conversion
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45%
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Units started into production during the month
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6,500
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Units transferred to the next department during the month
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6,300
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Materials costs added during the month
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$105,000
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Conversion costs added during the month
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$127,000
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Ending work in process inventory:
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Units in ending work in process inventory
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900
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Percent complete with respect to materials
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45%
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Percent complete with respect to conversion
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20%
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What are the equivalent units for materials for the month in the first processing department?