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he costs of materials consumed in producing good units in the Forming Department

ID: 2553839 • Letter: H

Question

he costs of materials consumed in producing good units in the Forming Department of Thomas Company were $7,800 and $21,840 for September and October, respectively. The number of equivalent units produced in September and October was 780 tons, and 1,680 tons, respectively. Evaluate the change in the cost of materials between the two months.

Round all answers to the nearest whole cent.

The cost of energy has appeared to _____by $_______ per ton between September and October.

Energy cost per ton, September $ Energy cost per ton, October $

Explanation / Answer

Evaluate the change in the cost of materials between the two months.

The cost of energy has appeared to increase by $3 per ton september and october

Energy cost per ton, September (7800/780) 10 per ton Energy cost per ton, October (21840/1680) 13 per ton