Question
At H&K Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning 17,500
At H&K Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:
WIP beginning 17,500 units
Units started 114,500 units
Units completed and transferred out 111,700 units
WIP ending (30% for conversion. 20,300 units
Beginning WIP direct materials $22,300
Beginning WIP conversion costs $19,700
Costs of materials added $370,000
Costs of conversion added $280,000
What is the cost per equivalent unit for direct materials at H&K Corporation? Oa.$2.97 Ob. $3.04 Oc.$3.33 Od.$2.80
What is the cost per equivalent unit for conversion costs at H&K Corporation? Oa.$2.45 Ob. $2.27 Oc.$2.54 Od.$2.38
What is the total cost of one unit completed and transferred out at H&K Corporation? Oa. $5.42 Ob. $5.58 Oc. %5.35 Od.$5.51
What is the average cost of one unfinished unit at the end of the process? Oa. $3.73 Ob. $4.49 Oc. $3.80 Od.$4.45
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