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Chap004 (dragged) 26 - $ 1 6 4 2 2 2 5 Equivalent units 8 7...

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McGraw-Hill/Irwin ¤ 2005 The McGraw-Hill Companies, Inc. Managerial Accounting, 6/e 4-27 PROBLEM 4-33 (CONTINUED) Direct Material Conversion Total Work in process, October 1 .......... $112,000 $ 30,225 $ 142,225 Costs incurred during October .... 600,000 900,000 1,500,000 Total costs to account for
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Unformatted text preview: $ 1 , 6 4 2 , 2 2 5 Equivalent units. ............................ 8 , 7 8 , 5 Costs per equivalent unit. ............. $8.90* $11.85 † $ 2 . 7 5 * * *$8.90 = $712,000 ÷ 80,000 † $11.85 = $930,225 ÷ 78,500 **$20.75 = $8.90 + $11.85...
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