Question
On March 1, Upton Companys Packaging Department had work in process inventory of 8,820 units, which had been transferred in from the Finishing Department. These
On March 1, Upton Companys Packaging Department had work in process inventory of 8,820 units, which had been transferred in from the Finishing Department. These units had accumulated costs of $301,060 in previous departments.
During March, 30,000 units were transferred into the department. These units had accumulated costs of $770,000 in the previous departments. The Packaging Department incurred $70,000 in materials and conversion costs during the month. On March 31, 700 units remained in ending inventory. These units were 80% complete.
Compute the cost per equivalent unit for the Packaging Department using the weighted average method. Round your answer to 2 decimal places. fill in the blank 1 of per equivalent unit
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