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What is the unit cost per equivalent unit in assembly

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Reference no: EM132551137

Plush Comfort manufactures coverings for car seats. It's costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Assembly and Finishing. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.

Data for Assembly for February 2015 are:

Work in process, beginning inventory, 40% converted (200 units)

Units started during February (600 units)

Work in process, ending inventory (100 units)

Costs for Assembly for February 2015 are:

Work in process, beginning inventory:

Direct materials ($100,000)

Conversion costs ($100,000)

Direct materials costs added during February ($1,000,000)

Conversion costs added during February ($1,250,000)

Question I. What is the unit cost per equivalent unit in Assembly?

Question II. How many units were completed and transferred out of Assembly during February?

Reference no: EM132551137

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