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Find the materials cost per equivalent unit for may

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Reference no: EM133166723

Question - The debits to Work in Process-Assembly Department for May, together with data concerning production, are as follows:

May 1, work in process:

Materials cost, 3,000 units

$8,000

Conversion costs, 3,000 units, 50% completed

5,800

Materials added during May, 10,000 units

27,000

Conversion costs during May

34,100

Goods finished during May, 11,500 units

0

May 31 work in process, 1,500 units, 50% completed

0

All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used. Find the materials cost per equivalent unit for May?

a. $2.35

b. $3.41

c. $2.70

d. $4.21

Reference no: EM133166723

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