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 Gag-Gift is transferred to Packaging, where it is packaged and transferred to finished goods inventory. The Commuter and Sport are assembled, then transferred to Polishing. Once the polishing process is completed, they are transferred to Packaging and then finished goods. The Retirement 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.

		Total		Gag-Gift (7,800 units)			Commuter (12,800 units)			Sport (18,600 units)			Retirement (4,800 units)
Materials	$	405,000		$	39,000		$	96,000		$	186,000		$	84,000
Conversion costs:
Assembly	$	264,000
Polishing		157,000
Special Finishing		57,600
Packaging		220,000
Total conversion costs	$	698,600

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-gift
Commuter
Sport
Retirement

$$ 21273 Cost Accounting Fair 2020 Chapter 8 Homework con Question 4 > Seve Exit Sub 4. 400 points Ferdon Viaches Inc. makes four models of watches, Gag Gift Commuter Sport, and Retirement Ferdon manufactures the watches n four departments Assembly, Palishing, Special Finishing and Packaging all our models are started in Assembly where all material is assembled. The Gay Git is transferred to Packaging where his packaged and transferred to hirshed goods inventory. The Commuter and Sper are assembled, then transferred to Polishing Once the polishing arocas a completed they are transferred to Packaging and then finished goods. Duo Retrement model is assembled and then transferred to Special Finishing, and then Packaging. When packaged, it is transtered 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 Gae Gm Commuter Sport Recrement Total (7.800 units) (12 A0 units) 118.000 uri (4300 units Mate $ 405,000 $ $39.000 $ 96,003 $ 186.000 $ 84,300 Conversion costs Assembly $ 264 000 Polishing 157,000 Special Fishing 57.000 Packaging 220,000 Towersion costs $ 893,500 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 pla.) Dol PUNE Gay Gin T Sport Reference Book & Resource taho Comore and actioning in pross Work DHL | 2 ModJI Gecko WR ) ODO 71 12 FV 80 19 DOD FA 57 F6 FB 55 esc 13 F F2 ! @ # 3 $ 4 % 5 & 7 * 00 delete 9 O 6