Georgia Products Inc. completed and transferred 180,000 particle board units of production from the Pressing Department. There
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Georgia Products Inc. completed and transferred 180,000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in-process inventory was 15,000 units, which were 3⁄2 complete as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred was $604,500, direct labor cost incurred was $99,500, and factory overhead applied was $23,350.
Determine the following for the Pressing Department:
a. Total conversion cost
b. Conversion cost per equivalent unit
c. Direct materials cost per equivalent unit
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Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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