Dunn Counter Co. produces quartz countertops in two sequential production departments: Forming and Polishing. The Polishing Department calculated the following costs per equivalent unit (square feet) on its August production cost report: (Click the icon to view the costs per equivalent unit.) 1. What was the cost per square foot of the finished product? 2. Did most of the production cost occur in the Forming Department or in the Polishing Department? Explain how you can tell where the most production cost occurred. 3. What was the gross profit per square foot? 4. What was the total gross profit on the countertops produced in August? During August, 140,000 square feet were completed and transferred out of the Polishing Department to Finished Goods Inventory. The countertops were subsequently sold for $11.00 per square foot. 1. What was the cost per square foot of the finished product? Dunn's cost per square foot of making one unit is $ 2. Did most of the production cost occur in the Forming Department or in the Polishing Department? Explain how you can tell where the most production cost occurred. Most of the cost of producing the countertops occurred in the Department. The $L represent the bulk of the cost incurred per unit. 3. What was the gross profit per square foot? Enter the formula, then compute the gross profit per square foot. (Round your answer to the nearest cent.) J- Gross profit per square foot Choose from any list or enter any number in the input fields and then continue to the next question. ype here to search O O Ne 9 D x - 806 AM 11/4/2019 1 DILE PrtScn. Home End PgUp PGD + Il ER T ullillo DOMU TIL LALU DILU ! w 2. following costs per equivalent unit (square feet) on its August production cost report: (Click the icon to view the costs per equivalent unit.) Did most of the production cost occus Polishing Department? Explain how cost occurred. What was the gross profit per square What was the total gross profit on the 3. 4. During August, 140,000 square feet were completed and transferred out of the Polishing Department to Finished Goods Inventory. The countertops were subsequently sold for $11.00 per square foot SL represent the bulk of the cost incurred per unit. 3. What was the gross profit per square foot? Enter the formula, then compute the gross profit per square foot (Round your answer to the nearest cont.) J- Gross profit per square foot 4. What was the total gross profit on the countertops produced in August? Enter the formula, then compute the gross profit per square foot - Total gross profit Choose from any list or enter any number in the input fields and then continue to the next question Type here to search PII C Presch Home Polishing. The Polishing Department calculated the mt unit (square feet) on its August production cost 2. Did most of the production cost occur in the Forming D Polishing Department? Explain how you can tell where cost occurred. 3. What was the gross profit per square foot? 4. What was the total gross profit on the countertops produ he costs per equivalent unit.) uare feet were completed and transferred out of the nished Goods Inventory. The countertops were oor by 0 Data Table omd Conversion Costs Transferred-in 2.44 Direct Materials 0.40 Cost per equivalent unit: $ $ $ OSS Print Done come Total gross profit or enter any number in the input fields and then continue to the next question og R de 9 PrtScne Home End