Biology Forums - Study Force

On December 31, Berry Company recorded the following information in the Mixing Department's Work in Process account:

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Units

Cost

Beginning balance (80% complete)	5,000	$   50,000
Started into production	100,000	500,000
Completed and transferred to Packaging	95,000	​
Ending balance (60% complete)	10,000	​

Assume that the unfinished units in ending inventory are 60% complete for both materials and conversion. What is the cost per equivalent unit?

▸ $5.18

▸ $5.23

▸ $5.55

▸ $5.45

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