Costs per Equivalent Unit Georgia Products Inc. completed and transferred 89,000 particle board units of production from...

80.2K

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Question

Accounting

Costs per Equivalent Unit
Georgia Products Inc. completed and transferred 89,000 particleboard units of production from the Pressing Department. There wasno beginning inventory in process in the department. The endingin-process inventory was 2,400 units, which were 3?5 complete as toconversion cost. All materials are added at the beginning of theprocess. Direct materials cost incurred was $219,360, direct laborcost incurred was $28,100, and factory overhead applied was$12,598.
Determine the following for the Pressing Department.Round "cost per equivalent unit" answers to the nearestcent.
a. Total conversion cost $
b. Conversion cost per equivalent unit $
c. Direct materials cost per equivalentunit $

Answer & Explanation Solved by verified expert

4.5 Ratings (934 Votes)

Direct Material 219360 Direct Labour 28100 Factory Overhead Applied 12598 Total Cost 260058 Units Accounted For Units Completed and transferred out 89000 See Answer

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Costs per Equivalent Unit Georgia Products Inc. completed and transferred 89,000 particle board units of production from...

80.2K

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Question

Accounting

Answer & Explanation Solved by verified expert

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a. Total conversion cost	$
b. Conversion cost per equivalent unit	$
c. Direct materials cost per equivalentunit	$