Solution-How do determine the equivalent cost per unit

How do determine the equivalent cost per unit

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Reference no: EM132830963

The department had a beggining inventory of 5,500 units of product and it started 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 the beginning inventory plus additional costs incurred during the period. The target (standard) cost per unit is $9.45.

Problem 1: Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 40% completed.

Problem 2: Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 60% completed.

Reference no: EM132830963

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How do determine the equivalent cost per unit

Reference no: EM132830963

Reference no: EM132830963

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