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Breckenridge Corporation manufactures a part in a single production process in Department B . The company reports the following information about conversion costs for June:
Breckenridge Corporation manufactures a part in a single production process in Department B The company reports the following information about conversion costs for June:
Units Conversion Costs
WIP at June complete $
Units started and costs incurred during June
Units completed and transferred to finished goods during June
Workinprocess ending inventory was percent complete with respect to conversion costs. Breckenridge uses FIFO for product costing.
Required:
a Compute the equivalent units for conversion costs.
a Compute the cost per equivalent unit for conversion costs.
a What was the conversion cost of workinprocess inventory in Department B on June
b What were the conversion costs per equivalent unit produced last period and this period, respectively?
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