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How do compute the equivalent cost per unit

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Reference no: EM132598391

Question 1: Compute the equivalent cost per unit, assuming the ending inventory is considered to be 40 percent complete.

Question 2: Compute the equivalent cost per unit, assuming the ending inventory is considered to be 60 percent complete.

The department had beginning inventory of 5,500 units of product and it stared 94,500 units during the period. It transferred out 90,000 units during the period. Total transferred in and production cost for the period was $902,400. This amount included the cost in beginning inventory plus additional cost incurred during this period. The target cost per unit is $9.45

Reference no: EM132598391

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