Question
The cost of direct materials transferred into the Rolling Department of Oak Ridge Steel Company is $452,400. The conversion cost for the period in the
The cost of direct materials transferred into the Rolling Department of Oak Ridge Steel Company is $452,400. The conversion cost for the period in the Rolling Department is $316,800. The total equivalent units for direct materials and conversion are 2,600 tons and 4,950 tons, respectively.
Determine the direct materials and conversion costs per equivalent unit.
Direct materials cost per equivalent unit:
Conversion cost per equivalent unit:
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
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