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Home Q & A Board Other Fields Homework Help Business Accounting
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18iq 18iq
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A month ago
On December 31, Berry Company recorded the following information in the Mixing Department's Work in Process account:

​​UnitsCost
Beginning balance (80% complete)5,000$   50,000
Started into production100,000500,000
Completed and transferred to Packaging95,000​
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
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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amieamie
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A month ago
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$5.45

($500,000 + $50,000) ÷ [95,000 + (10,000 × 60%)] = $5.45
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18iq Author
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A month ago
Thanks
Cdfields
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Yesterday
Brilliant ツ
Tabitha.davis
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2 hours ago
This helped my grade so much Perfect
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