Question

In Mordica Company, total materials costs are $33,000, 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

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Compute total manufacturing costs. (Round answer to 2 decimal places, e.g. 2.25.)

Total manufacturing cost per unit

$enter a dollar amount of total manufacturing cost per unit rounded to 2 decimal places

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Answer 1

Part-1 Material Cost per Unit = Totla Material cost/ Equivalent Unit of Production

$33000/10000= $3.30 per Unit

Conversion Cost per Unit = Totla Conversion cost/ Equivalent Unit of Production

=57000/12000= $4.75 per Unit

Part-2

Totl Manufacturing Cost= Material Cost per Unit+ Conversion Cost per Unit

=3.3 + 4.75= $8.05 per Unit