HOw much is the cost per equivalent unit


Ranger Glass Company manufactures glass for French doors. At the start of May, 2,000 units were in-process. During May, 11,000 units were completed and 3,000 units were in process at the end of May. These in-process units were 90% complete with respect to material and 50% complete with respect to conversion costs. Other information is as follows:
Work in process, May 1:


Direct material
$36,000

Conversion costs
$45,000

Costs incurred during May:


Direct material
$186,000

Conversion costs
$255,000

How much is the cost per equivalent unit for direct materials?

 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: HOw much is the cost per equivalent unit
Reference No:- TGS075502

Expected delivery within 24 Hours