Apeto Company produces premium chocolate candy bars. Conversion costs are added uniformly. For February, EWIP is 40
Question:
For February, EWIP is 40 percent complete with respect to conversion costs. Materials are added at the beginning of the process. The following information is provided for February:
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Inputs
Direct Materials Conversion Costs
$30,000 ...... $52,800
Required:
1. Calculate the equivalent units for each input category.
2. Calculate the unit cost for each category and in total.
3. What if a different type of materials is also added at the end of the process (a candy wrap-per), costing $4,800? Calculate the new unit cost.
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Step by Step Answer:
1 Direct Materials Conversion Units completed 48000 48000 Units EW...View the full answer
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Related Book For 
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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