Solution-Compute the equivalent cost per unit for labor

Compute the equivalent cost per unit for labor

Reference no: EM132531902

Question - A company uses the FIFO method for inventory costing. At the start of the period the production department had 28,000 units in beginning Work in Process inventory which were 44% complete; the department completed and transferred 169,000 units. At the end of the period, 26,000 units were in the ending Work in Process inventory and are 79% complete. The production department had labor costs in the beginning goods is process inventory of $103,000 and total labor costs added during the period are $726,925. Compute the equivalent cost per unit for labor.

a. $4.38.

b. $4.31.

c. $4.67.

d. $4.10.

e. $4.44.

Reference no: EM132531902

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Compute the equivalent cost per unit for labor

Reference no: EM132531902

Reference no: EM132531902

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