Cost per Equivalent Unit The cost of direct materials transferred into the Filling Department of Eve Cosmetics Company is $229,950. The conversion cost for the period in the Filling Department is $117,900. The total equivalent units for direct materials and conversion are 31,500 ounces and 39,300 ounces, respectively Determine the direct materials and conversion costs per equivalent unit. If required, round to the nearest cent Direct materials cost per equivalent unit: $ per ounce Conversion costs per equivalent unit: per ounce

Cost per Equivalent Unit The cost of direct materials transferred into the Filling Department of Eve Cosmetics Company is $229,950. The conversion cost for the period in the Filling Department is $117,900. The total equivalent units for direct materials and conversion are 31,500 ounces and 39,300 ounces, respectively Determine the direct materials and conversion costs per equivalent unit. If required, round to the nearest cent Direct materials cost per equivalent unit: $ per ounce Conversion costs per equivalent unit: per ounce

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5BE: The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000....

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A production department within a company received materials of $7,000 and conversion costs of $5,000 from the prior department. It added material of $78400 and conversion costs of $47000. The equivalent units are 5,000 for material and 4,000 for conversion. What is the unit cost for materials and conversion?
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Mazomanie Farm completed 20,000 units during the quarter and has 2,500 units still in process. The units are 100% complete with regard to materials and 55% complete with regard to conversion costs. What are the equivalent units for materials and conversion?
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