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Darwin Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials
Darwin Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:
Beginning WIP direct materials
$32,000
Beginning WIP conversion costs
$38,000
Costs of materials added
$384,100
Costs of conversion added
$393,100
WIP beginning (50% for conversion)
29,200 units
Units started
127,500 units
Units completed and transferred out
106,700 units
WIP ending (60% for conversion)
50,000 units
What is the cost per equivalent unit for conversion costs?
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