Question
Gone Co. uses weighted average process costing. At the end of the period, they had the following data: Equivalent units in BI 2,400 Costs in
Gone Co. uses weighted average process costing. At the end of the period, they had the following data:
Equivalent units in BI 2,400 Costs in Beginning WIP:
Equivalent units to FG 4,000 DM : $2,000
Equivalent units in EI: Conversion : $8,000
DM: 1,600 Current costs:
CC: 1,200 DM $6,000
Conversion $3,000
- What is the cost per unit for DM?
- What is the cost per unit for conversion?
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Finance For Non-Finance Executives
Authors: Anurag Singal
1st Edition
1952538327, 9781952538322
