Question: eBook Calculator Unit Cost and Cost Assignment, Nonuniform Inputs Loran-Inc. had the following equivalent units schedule and cost for its fabrication department during September: Materials

 eBook Calculator Unit Cost and Cost Assignment, Nonuniform Inputs Loran-Inc. had
the following equivalent units schedule and cost for its fabrication department during

eBook Calculator Unit Cost and Cost Assignment, Nonuniform Inputs Loran-Inc. had the following equivalent units schedule and cost for its fabrication department during September: Materials Conversion Units completed 180,000 180,000 61,000 Add: Units in ending WIP x Fraction complete 35,380 (61,000 x 58%) Equivalent units of output 241,000 215,380 Costs: Work in process, September 1: Materials $147,000 7,875 Conversion costs Total $154,875 Current costs: Materials $1,195,000 Conversion costs 446,425 Total $1,641,425 Required: 1. Calculate the unit cost for materials for conversion, and in total for the fabrication department for September. If required, round your answers to the neare Unit materials cost Unit conversion cost 61.00 51.195.000 3. Dalh of its reserved and Colofono in proces (Previous Next > Seda seesmert for Grading BN

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!