Question
Chen Company produces a product in a two-department process, Assembly and Finishing. The following information is available on their first department assembly: Beginning Work-in-process -0-
Chen Company produces a product in a two-department process, Assembly and Finishing. The following information is available on their first department assembly:
Beginning Work-in-process -0-
Units Started 200,000
Units completed and transferred to 168,000
Finishing 32,000
Ending Work-in-process $700,000
Direct Material Added 960000
Direct Labor 480,000
Factory Overhead 2,140,000
Total Cost to account for
The units still in process are 100% complete with respect to direct materials and 75% complete with respect to conversion costs. What is the unit cost of direct materials?
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