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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
At Onyx Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

WIP beginning (70% for conversion)   15,200 units
Units started    150,000 units
Units completed and transferred out   120,000 units
WIP ending (50% for conversion)   45,200 units
Beginning WIP direct materials   $52,500
Beginning WIP conversion costs   $25,200
Costs of materials added   $443,100
Costs of conversion added   $260,000

What is the cost per equivalent unit for direct materials?
A) $3.00
B) $3.48
C) $2.68
D) $3.67
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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