Question
Anh Company manufactures an electronic equipment on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each
Anh Company manufactures an electronic equipment on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Anh Company uses weighted-average process costing method.
Data for the Assembly Department for September 2021 are:
Work in process, beginning inventory 289 units
Direct materials (100% complete)
Conversion costs (60% complete)
Units started during September 998 units
Work in process, ending inventory: 244 units
Direct materials (100% complete)
Conversion costs (75% complete)
Costs for September 2021:
Work in process, beginning inventory:
Direct materials $91,047
Conversion costs $116,119
Direct materials costs added during September $599,561
Conversion costs added during September $401,410
What is the direct materials cost per equivalent unit for the month of September 2021? (Round the final answer to 2 decimal places.)
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