Solution-What the material cost per unit would be

What the material cost per unit would be

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Question 1: How do you calculate using the following problem what the material cost per unit would be using Average cost method?

Department F had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $11,800.
Of the $11,800, $7,000 was for material and $4,800 was for conversion costs. 14,000 units of direct materials were added during the period at a cost of $29,200. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period.
All materials are added at the beginning of the process.
Direct labor was $33,700 and factory overhead was $18,700.

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What the material cost per unit would be

Reference no: EM132527941

Reference no: EM132527941

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