Homework Answers
a.
Total conversion cost = Direct labor cost + Factory overhead applied
Total conversion cost = $28,100 + 12,598 = $40,698
b.
Equivalent unit for conversion cost = 89,000 + 1,440 (2,400*3/5) = 90,440 units
Conversion cost per equivalent unit = $40,698 / 90,440 = $0.45 per unit
c.
Equivalent unit for direct material = 89,000+2,400 = 91,400
Direct material cost per equivalent unit = $219,360 / 91,400 = $2.4 per unit
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