Reference no: EM132540443
The following information is available for Sub-Dept B for the month of July:
Work in process, July 1 (60% complete) 5,000 units
Direct materials $12,000
Conversion $18,000
Total work in process, July 1 $30,000
Unit started in production during July 20,000
Work in process, July 31, (40% complete) 2,000
Costs added during the period:
Direct materials $36,000
Conversion $52,000
Total costs added during July $88,000
Materials are added at the beginning of the process.
Requirements (all answers should be supported by calculation; Round to two decimal places.)
Question 1: Sub-Dept B's cost per equivalent unit of production for conversion using the weighted average method is