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Determine the unit cost for materials

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Question - Determine the unit costs of materials and determine the unit costs of conversion.

Bravo - Zulu has the following cost and production data for the Blending Department for December 2016:

Cost data:

Beginning work in process inventory, December 1

Direct Materials                $50,000

Conversion Cost              $26,000

                                      $76,000

Cost incurred during production in December -

Direct Materials                $430,000

Conversion costs              $136,000

Total costs                       $566,000

Production data -

Completed and transferred out       52,000

Ending work in process                  8,000

Ending work in process was 100% complete as to materials and 25% complete as to conversion costs.

Instructions -

(a) Determine the unit cost for materials.

(b) Determine the unit cost for conversion.

Reference no: EM131774103

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