Based on the following information: Materials Wages Machining Other Total cost Order Processing $ 28,000 28,000 Purchasing
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Question:
Based on the following information:
Materials | Wages | Machining | Other | Total cost | |||
Order Processing | $ 28,000 | 28,000 | |||||
Purchasing | 43,000 | 43,000 | |||||
Cutting | $ 160,000 | 36,000 | $33,000 | $ 8,000 | 237,000 | ||
Forming | 57,500 | 49,000 | 22,000 | 12,000 | 140,500 | ||
Finishing | 42,500 | 28,000 | 5,000 | 75,500 | |||
Testing | 30,000 | 30,000 | |||||
Packaging and Shipping | 10,000 | 10,000 | |||||
Invoicing | 6,000 | 6,000 | |||||
Totals | $260,000 | $230,000 | $60,000 | $20,000 | $570,000 | ||
Part A | 2,005 | units | |||||
Part Q | 4,100 | units | |||||
Total | 6,105 | units |
What is the product cost based on total average conversion cost? (Round to nearest cent.)
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0131495388
12th edition
Authors: Charles T. Horngren, Srikant M. Datar, George Foster
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