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In a company, total materials cost is $35600, and total conversion cost are $58320 for June. Equivalent units of production are materials 10000 and conversion
In a company, total materials cost is $35600, and total conversion cost are $58320 for June. Equivalent units of production are materials 10000 and conversion costs 12000. What is the materials cost per unit and the conversion cost per unit Answer: The materials cost per unit is $3.56 and the conversion cost per unit is $4.86. Explanation: To calculate the cost per unit, you divide the total cost by the equivalent units of production. For materials, the cost per unit would be: Materials cost per unit = Total materials cost / Equivalent units of production for materials = $35,600 / 10,000 units = $3.56 per unit For conversion costs, the cost per unit would be: Conversion cost per unit = Total conversion cost / Equivalent units of production for conversion costs = $58,320 / 12,000 units = $4.86 per unit So, the materials cost per unit is $3.56 and the conversion cost per unit is $4.86. What is the total manufacturing cost per unit
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