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1. For the month of September, Wilber Pickle Company had cost per equivalent unit of $0.70 for materials (pickles, vinegar, spices, etc.) and $.80 for conversion costs (labor and overhead).At Wilber Pickle Company, units are measured in quarts. The company began the month with 600 quarts of pick-les. By the end of the month, the company had completed 4,500 quarts, and 900 quarts were in process. The in-process units were 100 percent complete with respect to material and 75 percent complete with respect to labor and overhead.
Required:
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