Question: beginning work in process inventory: 2000 tires, 100% complete for direct materials, 60% complete for coversion costs, cost of direct materials=$12,000, cost of direct labor
beginning work in process inventory: 2000 tires, 100% complete for direct materials, 60% complete for coversion costs, cost of direct materials=$12,000, cost of direct labor and manufacturing overhead allocated=$10,000
Current period activity: 12,600 tires completed, cost of direct materials added=$300,950, cost of labor and manufacturing overhead allocated=$232,980
Ending work in process inventory: 4500 units, 100% complete for direct materials, 40% complete for conversion costs.
what is the cost for conversion per equivalent unit computed under weighted average?
please help!!
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