Homework Answers
a) Equivalent unit of material = 12000
b) Equivalent unit of conversion = (3000*2/3+6000+6000*2/5) = 10400
c) Cost per equivalent unit of material = 9000/12000 = 0.75
d) Cost per equivalent unit of conversion = 8320/10400 = 0.80
e) Cost of unit transferred out = (6000*.75+8000*.80)+2500 = 13400
f) Cost of ending WIP = (6000*.75+2400*.80) = 6420
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