Determine the costs per equivalent unit

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Reference no: EM1311242

How many units were started and completed from the given data.

Honey butter, Inc., manufactures a product that goes through two departments prior to completion. The following information is available about work in the first department, the Mixing Department, during June.

		Percent Completed
	Units	Materials	Conversion
Work in process, beginning	70,000	70%	40%
Started into production	460,000
Completed and transferred out	450,000
Work in process, ending	80,000	75%	25%
		Materials	Conversion
Work in process, beginning		$36,550	$13,500
Cost added during June		$391,850	$287,300

Assume that the company uses the weighted-average method.

Compute the costs per equivalent unit for June for the first process.

Reference no: EM1311242

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