Analyzing Changes in Unit costs The costs of materials consumed in producing good units in...
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Accounting
Analyzing Changes in Unit costs The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $4,740 and $18,040 for September and October, respectively. The number of equivalent units produced in September and October was 790 tons and 1,640 tons, respectively. Evaluate the change in the cost of materials between the two months. Material cost per ton, September 1 Material cost per ton, October 1 The cost of materials by 5 per ton between September and October
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