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Exercise 8-45 Operation Costing(LO 8-8) Ferdon Watches, Inc., makes four models of watches, Gag-Gift, Commuter, Sport, and Retirement, Ferdon manufactures the watches in four departments:
Exercise 8-45 Operation Costing(LO 8-8) Ferdon Watches, Inc., makes four models of watches, Gag-Gift, Commuter, Sport, and Retirement, Ferdon manufactures the watches in four departments: Assembly, Polishing, Special Finishing and Packaging, All four models are started in Assembly where all material is assembled. The Gay Gift is transferred to Packaging, where it is packed and transferred to finished goods inventory. The Commuter and Sporlare assembled, then transferred to Polishing. Once the polishing process is completed, they are transferred to Packaging and then finished goods. The Relirement model is assembled and then transferred to Special Finishing, and then Packaging. When packaged, it is transferred to finished goods Data for October are shown in the following table. Conversion costs are allocated based on the number of units processed in each department. tag Gift Total S 412,000 (8,200 units) $11,000 Camuter (13 200 units) S 99,000 Sport (19.400 units) $19.000 Retirement (5,200 units) $79.000 Materials Conversion costs Asseraly Polishing Special Finishing Packaging Total conversion costs S230,000 130 400 62.400 184,000 S 600.000 Required: b. What is the cost per unit transferred to finished goods inventory for each of the four watches in October? (Round "Cost Per Unit" to 2 decimal places.) Cost Per Unit Gag-GA Commuter Sport Rebiment
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