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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 Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

Beginning WIP direct materials   $32,000
Beginning WIP conversion costs   $20,250
Costs of materials added   $384,100
Costs of conversion added   $271,125
WIP beginning (50% for conversion)   19,200 units
Units started    119,500 units
Units completed and transferred out   115,700 units
WIP ending (60% for conversion)   23,000 units

What is the cost per equivalent unit for conversion costs?
A) $2.09
B) $2.25
C) $2.32
D) $2.10
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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