Question

Given the following what is the cost per unit for conversion costs beginning inventory 5000 units...

Given the following what is the cost per unit for conversion costs

beginning inventory 5000 units

transferred out 6000

ending inventory 2000

30% complete for material

50% for conversion costs

beginning inventory $32,000

started in production: $125000

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Answer #1
Calculation of cost per unit of coversion cost
Particulars Material conversion
Unit transfrred to next deptt 6000 6000
ending WIP 600 1000
Equivalent unit production 6600 7000
Calculation of cost per unit for conversion costs
Particulars conversion
Cost of WIP beginning 32000
cost added in production 125000
total cost (A) 157000
Equivalent unit of production (B) 7000
cost per unit (A)/(B) 22.43
question slove as per weighted average method
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