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Jahncke Inc. uses the weighted-average method in its process costing. The following data concern the companys Assembly Department for the month of November. Materials Conversion
Jahncke Inc. uses the weighted-average method in its process costing. The following data concern the companys Assembly Department for the month of November.
Materials | Conversion | |||
Work in process, November 1 | $ | 4,100 | $ | 2,402 |
Cost added to production in the Assembly | ||||
Department during November | $ | 104,382 | $ | 278,510 |
Equivalent units of production for November | 9,310 | 9,220 | ||
Required:
Compute the costs per equivalent unit for the Assembly Department for November. (Round your answers to 2 decimal places.)
Cost per equivalent unit: Materials? COnversion?
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