What it means by round cost per equivalent unit what would


What is the cost of the units transferred out? (Use rounded cost per equivalent unit.)

Units completed and transferred out:
Units transferred to the next department 12,600 12,600
Cost per equivalent unit $13.50 $89.60
Cost of units transferred out $170,100 $1,128,930 $1,299,030

I typed 1299030, it says incorrect. I dont know what it means by round cost per equivalent unit? what would be the cost of units transferred out if it rounded cost per equivalent unit is used?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What it means by round cost per equivalent unit what would
Reference No:- TGS02561936

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)