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In Ivanhoe Company, total materials costs are $38,000 , and total conversion costs are $58,560 . Equivalent units of production are materials 10,000 and conversion

In Ivanhoe Company, total materials costs are

$38,000

, and total conversion costs are

$58,560

. Equivalent units of production are materials 10,000 and conversion costs 12,000 .\ (a1)\ Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, e.g. 2.25.)\ Materials cost per unit\

$

\ Conversion cost per unit

image text in transcribed
In Ivanhoe Company, total materials costs are $38,000, and total conversion costs are $58,560. Equivalent units of production are materials 10,000 and conversion costs 12,000 . (a1) Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, e.g. 2.25.) Materials cost per unit $ Conversion cost per unit $

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