Question
BlockBlock Company uses the weighted-average method in its process costing system. The Packaging Department started the month with 230230 units in process, started 1 comma
BlockBlock
Company uses the weighted-average method in its process costing system. The Packaging Department started the month with
230230
units in process, started
1 comma 4601,460
units, and had
100100
units in process at the end of the period. All materials are added at the beginning of the process, and conversion costs are incurred uniformly. The units in process at the end of the month are
4040%
complete with respect to conversion costs. During the month
1 comma 5901,590
units were completed and transferred out. The department incurred the following costs:
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(Click on the icon to view the costs.)
The cost per equivalent unit for direct materials is (Round your answer to two decimal places.)
A.
$ 7.75$7.75
B.
$ 1.78$1.78
C.
$ 1.89$1.89
D.
$ 5.29$5.29
Click to select your answer.
|
Data Table
| Beginning WIP | Added this month | Total |
Direct Materials | $300 | $2,700 | $3,000 |
Conversion Costs | 400 | 5,540 | 5,940 |
Total | $700 | $8,240 | $8,940 |
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