Unformatted text preview: Materials cost for December was $200,000 and total Conversion Costs were $275,000. Finally, the beg. WIP had $40,000 of DM cost and $60,000 of CC. a.) What is Luci’s weighted average equivalent units for December? b.) What is Luci’s average cost per unit for Direct Materials? c.) What is Luci’s average cost per unit for Conversion Costs? d.) What cost would be assigned to the ending WIP for DM & CC? Equivalent Units of Production (chapter 4) Example...
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This note was uploaded on 07/02/2011 for the course ACCT 226 taught by Professor Smith during the Spring '10 term at South Carolina.
- Spring '10
- Financial Accounting