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Question
The debits to Work in Process—Assembly Department for April, together with data concerning production, are as follows:
April 1, work in process:
Materials cost, 3,000 units $ 7,200
Conversion costs, 3,000 units, 40% completed 6,000
Materials added during April, 10,000 units 25,000
Conversion costs during April 30,800
Goods finished during April, 12,000 units
April 30 work in process, 1,000 units, 40% completed
All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used.
The conversion cost per equivalent unit for April is
a. $2.48
b. $2.75
c. $2.50
d. $5.25
Answer
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