The following is a summary of May 2020 assembly department operations of Dania Company, which...
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Accounting
The following is a summary of May 2020 assembly department operations of Dania Company, which has two direct materials cost categories X is added at the start of the process and Y is added when the product is 50% completed. Conversion costs are added evenly during the process.
Beg Work-in-process,may1 Zero
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| Direct materials cost of X | Direct materials cost of Y | Conversion costs |
| Total costs added during may | $12,000 | 12,000 | 17,000 |
Started during May 2,000 units, Completed and transferred out during May 1,500 units. Ending (May31) 500 units, degree of completion 40%
The cost per equivalent unit is
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