# The cost of direct materials transferred into the Rolling Department of Keystone Steel Company is \$510,000. The conversion cost for the period in the Rolling Department is \$81,200. The total equivalent units for direct materials and conversion are 8,500 tons and 8,120 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.

Question
1 views

The cost of direct materials transferred into the Rolling Department of Keystone Steel Company is \$510,000. The conversion cost for the period in the Rolling Department is \$81,200. The total equivalent units for direct materials and conversion are 8,500 tons and 8,120 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.

check_circle

Step 1

Calculate direct material cost p...

### Want to see the full answer?

See Solution

#### Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in