Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cinder Company uses weighted average process costing. The beginning inventory had $7.500 of materials and $18,000 of conversion cost. The beginning inventory had 10,750 units

image text in transcribed
Cinder Company uses weighted average process costing. The beginning inventory had $7.500 of materials and $18,000 of conversion cost. The beginning inventory had 10,750 units 20% complete for materials and 40% complete for conversion. During the period Cinder started 48,000 units and added $79,000 of material and $96,000 of conversion cost. During the period 50,000 were completed. The ending inventory was 60% complete for materials and 40% complete for conversion How much is the total manufacturing cost per unit? (Compute to three decimal places) $3.697 $1.566 $4010 $2.131

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smart Sexy Auditing Clerk

Authors: Funny Career Quotes

1st Edition

B08RRJ97CP, 979-8588903189

More Books

Students also viewed these Accounting questions