Question

Bramble Company decided to analyze certain costs for June of the current year. Units started into...

Bramble Company decided to analyze certain costs for June of the current year. Units started into production equaled 13400 and ending work in process equaled 2000 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 35% complete, total conversion costs equaled $45980, and conversion costs were applied uniformly throughout production?

Homework Answers

Answer #1
Equivalent Units
Physical Units Conversion
Units to be accounted for
Beginning WIP 0
Units started into production 13400
Total Units to be accounted for 13400
Units accounted for
Units started and completed 11400 11400
Ending WIP - 35% 2000 700
Total units accounted for 13400 12100
Cost incurred $45,980
÷ equivalent units ÷ 12100
Cost per equivalent units $                      3.80
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