Apeto Company produces premium chocolate candy bars. Conversion costs are added uniformly.
For February, EWIP is 40 percent complete with respect to conversion costs. Materials are added at the beginning of the process. The following information is provided for February:

Inputs
Direct Materials Conversion Costs
$30,000 ...... $52,800
Required:
1. Calculate the equivalent units for each input category.
2. Calculate the unit cost for each category and in total.
3. What if a different type of materials is also added at the end of the process (a candy wrap-per), costing $4,800? Calculate the new unit cost.

Transcribed Image Text:

Physical flow schedule: Units to account for Units in BWIP Units started Total units to account for 60,000 60,000 Units accounted for: Units completed: From BWIP Started and completed 48,000 Units in EWIP Total units accounted for 48,000 12,000 60,000