Question
Jahncke Incorporated 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 Incorporated 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 | $3,800 | $2,102 |
| Cost added to production in the Assembly Department during November | $104,082 | $278,210 |
| Equivalent units of production for November | 9,010 | 8,920 |
Required: Compute the costs per equivalent unit for the Assembly Department for November. (Round your answers to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
1259536351, 978-1259536359
