direct material cost per equivalent unit is a1.10 and there are 2,000 physical units 100% complete with respect to materials. what are the total cost of these 2,000 physical units are 50% complete with respect to conversion and conversion costs are 3.55 per equivalent unit
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Alpha places 900 units in production during the year. All 900 units are completed during the year. It had no beginning WIP inventory. Direct material costs added during the year were $81,000 and conversion costs were $9,000. 8) What is the Direct Material cost per equivalent unit for the year? 9) What is the Conversion Cost per equivalent unit for the year?
Akash M.
If the cost per equivalent unit is $1.50 how many physical units are there if the total cost is $31,500 and the physical units are 30% complete
Use the following information to answer questions 57 & 58. Forrest Corporation, a new company, adds material at the beginning of its production process; conversion cost, in contrast, is incurred evenly throughout manufacturing. During May, the firm completed 15,000 units and had ending work in process of 2,000 units, 60% complete. Equivalent-unit costs were: materials, $15; conversion, $22. The cost of Forrest's completed production is: $225,000. $330,000. $333,000. $555,000. None of the answers is correct.
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