Question: Use the following information for Multiple-Choice Exercise 6-7. The drilling department incurred $24,000 of manufacturing costs during the month of October. The department transferred out
Use the following information for Multiple-Choice Exercise 6-7.
The drilling department incurred $24,000 of manufacturing costs during the month of October. The department transferred out 2,000 units and had 400 equivalent units in EWIP. There was no BWIP.
The unit cost for the month of October is
a. $12.
b. $10.
c. $24.
d. $120.
e. $100.
Step by Step Solution
3.34 Rating (160 Votes )
There are 3 Steps involved in it
b 10 To calculate the unit cost we need to divide the total ... View full answer
Get step-by-step solutions from verified subject matter experts
