Ventaz corp has a variable demand. historically, its demand has ranged from 30 to 50 windows per day with an average of 40. alex works eight hours a day, five days a week. each order is one window and each window takes 11 minutes. 19) what is the average waiting time in minutes? a) 12.00 b) 55.50 c) 60.50 d) 20.00

Equivalent units for materials in beginning work process is 6,940 units  Equivalent units for conversion in ending work process is 6,800 units  

Explanation:

Beginning work process:

Equivalent units for materials = 6,100 + (1,400 × 60%) = 6,940units    Cost per equivalent unit for materials = ($7,800 + $102,700) ÷ 6,940 = 15.92  

Ending work process:

Equivalent units for conversion = 6,100 + (1400 × 50%) = 6,800 units    

Cost per equivalent unit for materials = ($9,100 + $184,000) ÷ 6800 = 28.40    

Cost of ending work in process = (1,400 × 60%) × 15.92219 +(1400 × 50%) × 28.39706

= 33,253(Rounded off)