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Toronto Manufacturing Ltd. has the following cost and production data for the month of November. Beginning WIP 16,100 units Started in production 103,100 Completed production
Toronto Manufacturing Ltd. has the following cost and production data for the month of November. Beginning WIP 16,100 units Started in production 103,100 Completed production Ending WIP 92,900 26,300 The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process. Costs pertaining to the month of November are as follows: Beginning inventory costs are: Materials Direct labour Factory overhead Costs incurred during November include: (a) Materials Direct labour Factory overhead $65,600 18,200 16,100 $560,200 195,000 370,536 Your answer has been saved. See score details after the due date. Calculate the equivalent units of production for materials and for conversion costs. Equivalent units of production Materials Conversion Costs 119200 103420 Attempts: 1 of 1 used (b) Determine the unit costs of production. (Round unit costs to 3 decimal places, e.g. 15.251.) Materials $ Conversion costs $ Total $ Unit costs
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