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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 Lucis weighted average equivalent units for December? b.) What is Lucis average cost per unit for Direct Materials? c.) What is Lucis 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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- Spring '10
- Financial Accounting