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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: The Jones Corporation uses a process system. During the current period, 2,500 units were started and
Post by: bernie2981 on Nov 14, 2015
The Jones Corporation uses a process system. During the current period, 2,500 units were started and 1,100 units were completed and transferred out. Ending units were 60% complete for materials and 50% complete for conversion costs. Direct materials costs added were $35,405 and conversion costs added were $32,870. There was no beginning WIP Inventory and conversion costs are added evenly throughout the process. At the end of the period, the cost per equivalent unit for direct materials would be closest to
A) $19.00.
B) $29.88.
C) $32.19.
D) $18.25.


Title: Re: The Jones Corporation uses a process system. During the current period, 2,500 units were started
Post by: nuclei on Nov 20, 2015
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Title: Re: The Jones Corporation uses a process system. During the current period, 2,500 units were started and
Post by: bernie2981 on Dec 1, 2015
Wow! Thank you