Homework Answers
| 1 | ||
| Material costs assigned to Inventory | 116800 | =29200*4 |
| Conversion costs assigned to Inventory | 163520 | =29200*80%*7 |
| Total costs assigned to Inventory | 280320 | |
| Option C $280320 is correct | ||
| 2 | ||
| Cost per Equivalent unit for Materials | 3.78 | =189000/50000 |
| Cost per Equivalent unit for Conversion | 5.50 | =110000/20000 |
| Total manufacturing cost per unit | 9.28 | |
| Option C $9.28 is correct |
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