What is the unit cost per equivalent unit of beginning inventory in
Department A? (Round the final answer to the nearest whole
dollar.)
Homework Answers
Answer : B. $1694
Calculated as
| Units | % Materials | EUP—Materials | % Conversion | EUP—Conversion | |
| Beginning units | 400 | 100% | 400 | 40% | 160 |
| Cost per Equivalent Unit of Production | Materials | Conversion | |||
| Beginning WIP | $170,000 | $ 203,000 | |||
| ÷ Equivalent units of production | EUP | 400 | EUP | 160 | |
| Cost per equivalent unit of production (rounded to 2 decimals) | $ 425.00 | $1,268.75 | |||
| Total cost per unit of equivalent | = | 425 | + | 1268.75 | =1693.75 |
| or 1694 | |||||
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