Calculate the unit cost for the month for materials


The records of Reuben, Inc reflect the following:

Work in Process, beginingof month - $2000 units on half completed at cost of $1,250 for mateials, $675 for labor, and $950 for overhead.

Production costs for the month - materials, labor, $54,925; factory overhead, $75,050.

Units completed and transferred to stock - 38,500

Work in process, end of the month for materials, labor, and factory overhead.

Calculate the unit cost for the month for materials, labor, and factory overhead.

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Accounting Basics: Calculate the unit cost for the month for materials
Reference No:- TGS094985

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