The cost of direct materials transferred into the Rolling Department of Mohawk Valley Steel Company is $4,895,280.

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The cost of direct materials transferred into the Rolling Department of Mohawk Valley Steel Company is $4,895,280. The conversion cost for the period in the Rolling Department is $953,288. The total equivalent units for direct materials and conversion are 83,680 tons and 82,180 tons, respectively. Determine the direct materials and conversion cost per equivalent unit.


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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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