Solution-Compute the cost per equivalent unit for materials

Compute the cost per equivalent unit for materials

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Reference no: EM13844490

Question- Clasby Corporation uses the FIFO method in its process costing. The following data concern the company's Mixing Department for the month of January. Materials Conversion Work in process, January 1 $ 15,712 $ 22,712 Cost added to production in the mixing department during January $ 184,233 $ 161,175 Equivalent unit of production for January 5,660 5,250.

Required:

Compute the cost per equivalent unit for materials and conversion for the Mixing Department for January using the FIFO method. (Round your answers to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)

Reference no: EM13844490

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Compute the cost per equivalent unit for materials

Reference no: EM13844490

Reference no: EM13844490

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