Company manufactures file cabinets. The following cost information is available for the month of December.
|
|
|
| Beginning work in process |
|
|
| Direct materials |
$ |
37,000 |
| Conversion cost |
|
59,000 |
| December costs |
|
|
| Direct materials |
|
67,000 |
| Conversion cost |
|
106,000 |
|
| Incontro had 7,700 equivalent units of direct materials and 5,200 equivalent units of conversion activity during the month. |
| Required: |
| Using the weighted average method, calculate Incontros cost per equivalent unit for materials and conversion during December. (Round your answers to 2 decimal places. Omit the “$” sign in your response.) |
|
|
Direct Materials |
|
Conversion |
| Cost per Equivalent Unit |
$ |
|
$ |
|
December.
