.Page. Safety. Tools. @ . Print tem Costs per Unit Georgia Products Inc. complet

Question

.Page. Safety. Tools. @ . Print tem Costs per Unit Georgia Products Inc. completed and transferred 144,000 particle board units of production from the Pressing The ending in-process inventory was 12,000 units, which were 4/5 complete was $561,600, direct labor There was no beginning inventory in process in the department. as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred cost incurred was $223,950, and factory overhead applied was $52,530 Determine the following for the Pressing Department. Round "cost a. Total conversion cost b. Conversion cost per equivalent unit c. Direct materials cost per equivalent unit Oheck My Wowrks more Check My Wotk uss

Explanation / Answer

Total conversion cost = 223950+52530 = 276480

Conversion cost per equivalent unit = 276480/153600 = 1.80 per equivalent unit

Material cost per equivalent unit = 561600/156000 = 3.60 per equivalent unit

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