The Jamaica Company manufactures a product in a single process. The following information is available: Beginning WIP Inventory -0-Units Input Material Direct Labour Cost Incurred Manufacturing Overhead Incurred 18,000 units valued at $213,885 $577,500 $391,875 Units Completed & Transferred Out 12,000 Ending WIP Inventory 6,000 units The units still in process are 45% complete with respect to direct materials and 35% complete with respect to conversion costs. The cost per equivalent unit for direct materials is? Select one $17.81 Ob $15.00 O $14.55- Od. $12.87 0
The Jamaica Company manufactures a product in a single process. The following information is available: Beginning WIP Inventory -0-Units Input Material Direct Labour Cost Incurred Manufacturing Overhead Incurred 18,000 units valued at $213,885 $577,500 $391,875 Units Completed & Transferred Out 12,000 Ending WIP Inventory 6,000 units The units still in process are 45% complete with respect to direct materials and 35% complete with respect to conversion costs. The cost per equivalent unit for direct materials is? Select one $17.81 Ob $15.00 O $14.55- Od. $12.87 0
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 16E: Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The...
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