Reference no: EM132655779
Bentley Enterprises uses process costing to control costs in the manufacture oi Dust Sensors for the mining industry. The fallowing iniormation pertains to operations for November. (EMA Exam adapted) Unite Wozk in process, November 1St 16:300 Started in production during November 103,000 710:): in process, November 30th 24.300 The beginning inventory was 70% complete as to materials and 10% complete as to conversion costs. The ending inventory was 80% complete as to materials and 30% complete as to conversion costs.
Costs pertaining to November are as follows:
Beginning inventory:
direct materials, $54,860;
direct labor. $20,620
manufacturing overhead, $15,540.
Costs incurred during the month:
direct materials. $471,000;
direct labor, $185,880;
manufacturing overhead, $394,160.
Problem 1: What is the equivalent unit cost for the conversion costs assuming Bentley uses weighted-average process costing?
Muitiple Choice
Option 1: $5.75.
Option 2: $6.12.
Option 3: $5. 57.
Option 4: 36.02.
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