What are the equivalent units for direct materials

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Problem

Assume that during February, 12,000 cameras were placed into production. Further, assume the same total assembly costs for January are also incurred in February, but only 10,000 cameras are fully completed at the end of February. All direct materials have been added to the remaining 2,000 cameras. However, on average, these remaining 2,000 cameras are only 70% complete as to conversion costs. What are the equivalent units for direct materials and conversion costs and their respective costs per equivalent unit for February? Get the instant assignment help. First calculate the equivalent units for both direct materials and conversion costs.

Reference no: EM133972046

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