a. Total conversion cost (292,750+68,670) = $361,420
b. conversion cost per equivalent unit = $1.70
c. Direct material cost per equivalent unit = $4.25
Equivalent units | |||
Physical units | Direct materials | Conversion | |
Units completed | 199,000 | 199,000 | 199,000 |
Ending inventory | 17,000 | 17,000 | 13600 |
Equivalent units (a) | 216,000 | 212,600 | |
Total costs (b) | $ 918,000 | $ 361,420 | |
Cost per equivalent unit (b)/(a) | $ 4.25 | $ 1.70 |
Costs per Equivalent Unit Georgia Products Inc. completed and transferred 199,000 particle board units of production...
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