ttps://edugen.wileyplus.com/edugen/lti/main.uni Return to Blackboard Weygandt, M

Question

ttps://edugen.wileyplus.com/edugen/lti/main.uni Return to Blackboard Weygandt, Managerial Accounting, 8e Help I S CES ent (b1) E3 Your answer is incorrect. Try again. Compute the unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs ud Unit costs 1920 9920 Click if you would like to Show Work for this question: Open Show Work (b2) The parts of this question must be completed in order. This part will be available when you comple Chapter 03 -Assignment SEP 26 57

Explanation / Answer

(b) Unit costs $       6.34 $       29.60 Workings: Materials Conversion cost (i) Total Cost $    6,340 $     27,232 (ii) Equivalent units of service         1,000               920 (i) / (ii) Unit costs $       6.34 $       29.60 Direct Material cost: Beginning WIP = $       1,440 Add: September cost: Direct material = $       4,900 Total Direct Material cost = $       6,340 Conversion cost Beginning WIP = $       5,060 Add: September cost: Direct labor = $     12,600 Overhead = $       9,572 Total Conversion cost = $     27,232

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