Question
Analyzing changes in unit costs The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $6,240 and $6,720
Analyzing changes in unit costs
The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $6,240 and $6,720 for September and October, respectively. The number of equivalent units produced in September and October was 780 tons, and 1,680 tons, respectively. Evaluate the change in the cost of materials between the two months.
Round all answers to the nearest whole cent.
| Energy cost per ton, September | $ |
| Energy cost per ton, October | $ |
The cost of energy has appeared to (increase or decrease ) by ( ) $ per ton between September and October.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Auditing With The Computer
Authors: Wayne S. Boutell
1st Edition
0520363329, 978-0520363328
