Solution-How to determine cost per equivalent unit for

How to determine cost per equivalent unit for material p

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Reference no: EM132655642

Talamoto Co. manufactures a single product that goes through two processes - mixing and cooking. The following data pertains to the Mixing Department for September.

Work-in-process Inventory Sept. 1 35,000units
Conversion complete 70%
Work-in-process inventory Sept. 30 13,000units
Conversion complete 50%
Units started into production in Sept. 59,000
Units completed and transferred out ?units

Costs :

Work-in-process inventory Sept.1

Material P$99,000
Material Q 90,000
Conversion 99,000

Costs added in September

Material P$148,000
Material Q 136,000
Conversion 291,400

Material P is added at the beginning of work in the Mixing Department. Material Q is also added in the Mixing Department, but not until units of product are forty percent completed with regard to conversion. Conversion costs are incurred uniformly during the process.

Problem 1: Cost per equivalent unit for Material P under the weighted-average method is calculated to be:

Reference no: EM132655642

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How to determine cost per equivalent unit for material p

Reference no: EM132655642

Reference no: EM132655642

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