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Cliff Company manufactures file cabinets. The following cost information is available for the month of December: Beginning work in process Direct materials $ 42,000 Conversion
Cliff Company manufactures file cabinets. The following cost information is available for the month of December:
Beginning work in process | ||
Direct materials | $ | 42,000 |
Conversion cost | 53,000 | |
December costs | ||
Direct materials | 75,000 | |
Conversion cost | 113,000 | |
Cliff had 8,600 equivalent units of direct materials and 5,100 equivalent units of conversion cost. Using the weighted-average method, calculate Cliffs cost per equivalent unit for materials and conversion during December. (Round your answers to 2 decimal places.)
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