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bernie2981 bernie2981
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8 years ago
Martinson Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows:

WIP, April 1   12,000 units
Transferred-in costs in WIP, April 1   $79,940
Direct materials (100%) in WIP, April 1   $24,420
Conversion costs (75%) in WIP, April 1   $23,400
Units transferred-in   47,000
Transferred-in costs during April   $550,900
Units completed   42,000
April direct materials cost   $155,500
April conversion costs   $239,250
WIP, April 30   17,000 units
(100% for materials and 60% for conversion costs)
   

The cost per equivalent unit for conversion costs would be closest to
A) $5.43.
B) $5.11.
C) $4.53.
D) $4.88.
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Managerial Accounting

Managerial Accounting


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nucleinuclei
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bernie2981 Author
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8 years ago
this is exactly what I needed
klyn
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Yesterday
Brilliant ツ
TheMoffattMan
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This site is awesome
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