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16. The debits to Work in ProcessAssembly Department for April, together with data concerning production, are as follows: April 1, work in process: Materials cost,
16. The debits to Work in ProcessAssembly Department for April, together with data concerning production, are as follows:
April 1, work in process: | |
Materials cost, 3,000 units | $ 7,769 |
Conversion costs, 3,000 units, 40% completed | 5,365 |
Materials added during April, 10,000 units | 27,425 |
Conversion costs during April | 30,475 |
Goods finished during April, 12,000 units | 0 |
April 30 work in process, 1,000 units, 40% completed | 0 |
All direct materials are added at the beginning of the process, and the first-in, first-out method is used to cost inventories. The conversion cost per equivalent unit for April is
a.$2.34
b.$3.05
c.$2.72
d.$2.65
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