Question 3 (of ) 3 1.00 points Cilf Company manufactures file cabinets. The foll

Question

Question 3 (of ) 3 1.00 points Cilf Company manufactures file cabinets. The following cost information is available for the month of December work in procesS 68,000 124,000 136,000 cost December costs Direct materials Conversion cost 210,000 Using the weighted-average method, calculate Cliff's cost per equivalent unit for materials and conversion during December. (Round your answers to 2 Cost per Equ t Unit References eBook & Resources Worksheet Learning Objective: 03-02 Reconcile the number of physical units using the weighted- Difficulty: 1 Easy Learning number of equivalent units using the weighted- 03-03 Calculate the Type here to searrh

Explanation / Answer

TOTAL COST TO ACCOUNT FOR: Material Conversion Beginning work in Process 68,000 124,000 Cost Added during May 136,000 210,000 Total Cost to account for: 204,000 334,000 Total Cost to account for: 538,000 COST PER EQUIVALENT UNIT: Material Conversion Total cost added during the year 204,000 334,000 Equivalent Units 17,000 12,000 Cost per Equivalent unit 12 27.83

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