Question

Andrews Corporation uses the weighted average method of process costing. The following information is available for February in its Polishing Department: Equivalent units of production direct materials 126,000 EUP Equivalent units of production-conversion 108,900 EUP Costs in beginning Work in Process-direct materials $ 73, 700 Costs in beginning Work in Process-conversion $ 54,100 Costs incurred in February-direct materials $622,300 Costs incurred in February-conversion $781,600 The cost per equivalent unit of production for direct materials is: Multiple Choice e $6.39 o $4.94 o $5.52 o $6.20 o Prey 1 of 30 Next

Answer 1

Cost in beginning Work in process - Direct Materials	$73,700
Add : Costs incurred in February - direct Materials	$622,300
Total Direct Material cost to account for	$696,000
Divide: Equivalent Units of production - direct Materials	126,000
Cost per equivalent unit of production for direct materials	$5.52

Answer: $5.52