Analyzing changes in unit costs The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $5,530 and $8,450 for September and October, respectively. The number of equivalent units produced in September and October was 790 tons, and 1,690 tons, respectively. Evaluate the change in the cost of materials between the two months. Round all answers to the nearest whole cent. Energy cost per ton, September Energy cost per ton, October The cost of energy has appeared to by $ per ton between September and October.

Managerial Accounting
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ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
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Chapter3: Process Cost Systems
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Analyzing changes in unit costs
The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $5,530 and $8,450 for September and October,
respectively. The number of equivalent units produced in September and October was 790 tons, and 1,690 tons, respectively. Evaluate the change in the cost of
materials between the two months.
Round all answers to the nearest whole cent.
Energy cost per ton, September
Energy cost per ton, October
The cost of energy has appeared to
• by $
per ton between September and October.
Transcribed Image Text:Analyzing changes in unit costs The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $5,530 and $8,450 for September and October, respectively. The number of equivalent units produced in September and October was 790 tons, and 1,690 tons, respectively. Evaluate the change in the cost of materials between the two months. Round all answers to the nearest whole cent. Energy cost per ton, September Energy cost per ton, October The cost of energy has appeared to • by $ per ton between September and October.
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