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QUESTION 8 The following information is provided by Cajun Corporation: WIP Inventory, January 1 O units Units started 12.000 Units completed and transferred out 8,000

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QUESTION 8 The following information is provided by Cajun Corporation: WIP Inventory, January 1 O units Units started 12.000 Units completed and transferred out 8,000 WIP inventory, December 31 Direct materials $36,000 Direct labor $32,400 Manufacturing overhead $18,000 The units in ending WIP inventory were 100% complete for materials and 40% complete for conversion costs. How much is the total cost per equivalent unit? $7.20 $10.50 $8.25 $9.22

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