The total costs to process the beginning 7,000 units in progress was £21,000. 38,000 units were started and completed. There were no ending units in progress. Costs added during the period were: materials, £78,000, and labour and overhead, £36,000. The change in the per unit cost of the units started and completed and the beginning units completed is: a. £0.5 decrease b. £10 increase c. £2.7 increase d. No change

The total costs to process the beginning 7,000 units in progress was £21,000. 38,000 units were started and completed. There were no ending units in progress. Costs added during the period were: materials, £78,000, and labour and overhead, £36,000. The change in the per unit cost of the units started and completed and the beginning units completed is: a. £0.5 decrease b. £10 increase c. £2.7 increase d. No change

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8EB: A production department within a company received materials of $7,000 and conversion costs of $5,000...

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