Using Process Costs For Decision Making
The costs of energy consumed in producing good units in the Baking Department of Pan Company were $59,427 and $65,919 for June and July, respectively. The number of equivalent units produced in June and July was 83,700 pounds, and 90,300 pounds, respectively. Evaluate the change in the cost of energy between the two months.
Round all answers to the nearest whole cent.
Energy cost per pound, June | $ |
Energy cost per pound, July | $ |
The cost of energy has appeared
by $ per pound between June and July.
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