Solution-What it means by round cost per equivalent unit

What it means by round cost per equivalent unit

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Reference no: EM131766424

What is the cost of the units transferred out? (Use rounded cost per equivalent unit.)

Units completed and transferred out:
Units transferred to the next department	12,600	12,600
Cost per equivalent unit	$13.50	$89.60
Cost of units transferred out	$170,100	$1,128,930	$1,299,030

I typed 1299030, it says incorrect. I dont know what it means by round cost per equivalent unit? what would be the cost of units transferred out if it rounded cost per equivalent unit is used?

Reference no: EM131766424

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What it means by round cost per equivalent unit

Reference no: EM131766424

Reference no: EM131766424

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