Question
The MixingDepartment of Bravo Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials:
The MixingDepartment of Bravo Company has the following cost and production data for the month of April.
Costs:
Work in process, April 1
Direct materials: 100% complete $100,000
Conversion costs: 20% complete 70,000
Cost of work in process, April 1 $170,000
Costs incurred during production in April
Direct materials $800,000
Conversion costs 365,000
Costs incurred in April $1,165,000
Units transferred out totaled17,000. Ending work in process was1,000units that are 100% complete as to materials and40% complete as to conversion costs.
Using the results of the equivalents units found in FIB 1, compute unit cost per conversion cost.
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