Question
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s...
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s Mixing Department for the month of December.
| Materials | Conversion | |||
| Work in process, December 1 | $ | 8,430 | $ | 9,428 |
| Cost added to production in the Mixing | ||||
| Department during December | $ | 226,800 | $ | 284,532 |
| Equivalent units of production for December | 10,200 | 9,700 | ||
Required:
Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)
|
Homework Answers
Answer #1
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