Compute the unit costs for materials and conversion costs

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FOR REFERENCE ONLY BE3-8: Production costs chargeable to the Finishing Department in June in Cascio Company are materials $12,000, labor $29,500, overhead $18,000. Equivalent units of production are materials 20,000 and conversion costs 19,000. Compute the unit costs for materials and conversion costs.

PLEASE ANSWER BE3-9 WITH EXPLAINATION: Data for Cascio Company are given in BE3-7. Production records indicate that 18,000 units were transferred out, and 2,000 units in ending work in process were 50% complete as to conversion cost and 100% complete as to materials. Prepare a cost reconciliation schedule.

Reference no: EM13863706

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