Question
Cost per Equivalent Unit The cost of direct materials transferred into the Filling Department of Eve Cosmetics Company is $71,540. The conversion cost for the
Cost per Equivalent Unit The cost of direct materials transferred into the Filling Department of Eve Cosmetics Company is $71,540. The conversion cost for the period in the Filling Department is $335,160. The total equivalent units for direct materials and conversion are 51,100 ounces and 53,200 ounces, respectively. Determine the direct materials and conversion costs per equivalent unit. If required, round to the nearest cent.
Direct materials cost per equivalent unit: $fill in the blank 1 per ounce
Conversion costs per equivalent unit: $fill in the blank 2 per ounce
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