Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Candy's Company has the following production data for September Beginning work in process, 250 units Beginning work in process, 250 units Units started into production,
Candy's Company has the following production data for September
- Beginning work in process, 250 units
- Beginning work in process, 250 units
- Units started into production, 750 units
- Units transferred out, 800 units
- Ending work in process, 200 units that are 80% complete for materials and 60% complete for conversion costs
- Total materials cost, $1,920
- Total conversion cost, $2,760
Required:
Determine the equivalent of units of production and unit costs(Show your works!!)
(1)The equivalent of units ofproductionMaterial=____Units
(2)The equivalent of units ofproductionConversion=____Units
(3)Materials unit cost= $_____per unit
(4)Conversion unit cost=$____per unit
(5)Total manufacturing unit cost=$_____per unit
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