Amigo Glass Company manufactures glass for sliding glass doors. At the start of August, 1,000 units were in-process. During August, 10,000 units were complete and 2,000 units were in process at the end of August. These in-process units were \(100 \%\) complete with respect to material and \(50 \%\) complete with respect to conversion costs. Other information is as follows:

Required

Calculate the cost per equivalent unit, for both direct material and conversion costs, during August.

Transcribed Image Text:

Work in process, August 1: Direct material $45,600 Conversion costs $42,350 Costs incurred during August: Direct material $175,000 Conversion costs $245,000