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question 1 Question 2 You are provided the following production information for the month of October 2020 Material A Material B Material Opening WIP Cost
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You are provided the following production information for the month of October 2020 Material A Material B Material Opening WIP Cost RO R5,622 R4 235 Current Months' Cost R57 885 R66,368 R36 329 Equivalent Units 6,264 units 9.863 units 7.959 units If a FIFO system is used, what is the cost per equivalent unit for Material C? You are provided the following production information for the month of October 2020 O/B WIP Units Started C/B WIP Number of Units 2,697 29,845 1.176 Percentage Completed 30% 70% The materials in the production process are added at the following stages Material A 10% Material B 50% Material 90% What is the equivalent units of Material B in the opening work in processStep by Step Solution
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