The cost of direct materials transferred into the Rolling Department of Oak Ridge Steel Company is $452,400.
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Question:
The cost of direct materials transferred into the Rolling Department of Oak Ridge Steel Company is $452,400. The conversion cost for the period in the Rolling Department is $316,800. The total equivalent units for direct materials and conversion are 2,600 tons and 4,950 tons, respectively.
Determine the direct materials and conversion costs per equivalent unit.
Direct materials cost per equivalent unit:
Conversion cost per equivalent unit:
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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