The debits to Work in ProcessAssembly Department for May, together with data concerning production, are as follows May 1, work in process Materials cost, 3,000 units $7,500 Conversion costs, 3,000 units, 50 completed 5,900 Materials added during May, 10,000 units 26,600 Conversion costs during May 30,300 Goods finished during May, 11,500 units 0 May 31 work in process, 1,500 units, 50 completed 0 All direct materials are placed in process at the beginning of the process, and the first in, first out method is used to cost inventories The materials cost per equivalent unit for May is a $2 31 b $2 66 c $3 78 d $3 03

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Question: The debits to Work in ProcessAssembly Department for May, together with data concerning production, are as follows: May 1, work in process: Materials cost, 3,000

The debits to Work in ProcessAssembly Department for May, together with data concerning production, are as follows:

May 1, work in process:
Materials cost, 3,000 units	$7,500
Conversion costs, 3,000 units, 50% completed	5,900
Materials added during May, 10,000 units	26,600
Conversion costs during May	30,300
Goods finished during May, 11,500 units	0
May 31 work in process, 1,500 units, 50% completed	0

All direct materials are placed in process at the beginning of the process, and the first-in, first-out method is used to cost inventories. The materials cost per equivalent unit for May is

a.$2.31

b.$2.66

c.$3.78

d.$3.03

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