In Mordica Company, total materials costs are $38,000, and total conversion costs are $57,000. Equivalent units...
In Mordica Company, total materials costs are $38,000, and total conversion costs are $57,000. Equivalent units of production are materials 10,000 and conversion costs 12,000.
Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, e.g. 2.25.)
| Materials cost per unit |
$enter a dollar amount rounded to 2 decimal places |
|
|---|---|---|
| Conversion cost per unit |
$enter a dollar amount rounded to 2 decimal places |
Homework Answers
Answers
- Material cost per unit = $ 38000 material cost / 10000 equivalent unit = $ 3.80
- Conversion cost per unit = $ 57000 conversion cost / 12000 equivalent units = $ 4.75
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