Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. Of the $12,500, $8,000 was for material and $4,500 was for conversion costs. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All

materials are added at the beginning of the process. Direct labor was $32,450 and factory overhead was $18,710. If the average cost method is used the material cost per unit (to the nearest cent) would be:
A) $2.04
B) $1.59
C) $1.91
D) $2.00


A

Business

You might also like to view...

Which of the following has been a primary source of productivity gains in the years 1995 to 2001?

A. Reduced standards of living. B. Recessionary spending. C. Reemphasis on ethical business behaviors. D. Enterprise resource planning software systems. E. Reduced costs of raw materials through globalization.

Business

Source A has capacity of 15, Source B has capacity of 30, Destination 1 has demand of 5 and Destination 2 has demand of 20. Fill in the following table with the correct initial solution for a northwest-corner method approach

Destination 1 Destination 2 Source A Source B

Business

Which of the following is the strongest predictor of individual ethical behavior?

a. the employee’s own moral system b. the employee’s own values c. the employer’s profits and losses d. the individual’s perception of peers and superiors in the organization e. social responsibility

Business

How did the ABA Standards for Imposing Lawyer Sanctions factor into the court’s sanction? Do you think the sanction imposed was sufficient?

What will be an ideal response?

Business