Question

Norte Coses process costing to count for the production of rubber bas Directors we added at the begins and Cocos recurred in my vroughout the process. Eventurvits have been calculated to be 19.300 stores and 18.000 unts for conversion com. Baging invertory contedofind $9.905 conversion com Apricosts were $37.800 for minerals and 5655 for conversion costs Ending inventory process was 9.450 VS 100complete form.SON for conversion. The quo per unit for convern coming the FIFO method would be

Answer 1

Cost per equivalent unit for conversion costs under FIFO:

= Cost incurred during the period / Equivalent units for conversion costs

= $74,655 / 18,900

= $3.95