Question: what is the formula to get the answer? During July, the equivalent units of direct materials added to the product that were worked on by
what is the formula to get the answer?
During July, the equivalent units of direct materials added to the product that were worked on by Department A amounted to a total of 90,000 applied as follows: beginning inventory. 14,000 units; units started and completed in July, 66,000 units; and ending inventory, 10,000 units. Assuming that the cost of direct materials requisitioned by the department in July was $270,000; the amount of the materials cost to be assigned to the ending inventory would be: (Do not round intermediate calculations.)
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