Question
Eclypso Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department. Information for
Eclypso Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department. Information for the mixing department for October is as follows:
Work in process, October 1: | |
No. of units (45% complete) | 7,200 |
Direct materials | $42,000 |
Direct labor | $50,400 |
Overhead | $14,400 |
During October, 38,400 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October:
Direct materials | $144,000 |
Direct labor | $192,000 |
Overhead | $ 60,000 |
By October 31, 3,600 units that were 85% complete remained in the mixing department. Eclypso uses the weighted average method. Which of the following is the total cost per equivalent unit of production? (Note: Round your answer to two decimal places.)
a.$11.26
b.$12.13
c.$8.52
d.$10.76
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