Question: 2:43 PM Tue Nov 10 a. 54%ng- 2:48 PM Tue Nov 10 7) Dente Pasta Ltd. a specialty pasta maker gives us their data for

2:48 PM Tue Nov 10 7) Dente Pasta Ltd. a specialty pasta

2:43 PM Tue Nov 10 a.\" 54%ng-

2:48 PM Tue Nov 10 7) Dente Pasta Ltd. a specialty pasta maker gives us their data for the year: IP inventory, beginning Units started Units completed and transferred out IP inventory, ending Direct materials Direct labour Manufacturing overhead units 8,000 units 6,500 units 1500 units $19,250 $10,000 $15,350 Units in ending WIP inventory were 80% complete for materials and 50% complete for conversion costs. On Dec 31, a. What was the cost per equivalent unit for direct materials? b. What was the cost per equivalent unit for conversion costs? c. What was the average cost of every unit in ending WIP? d. What was the costs of every completed unit?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!