ABC Corp. adds materials at the beginning of its production process and adds conversion costs evenly. At the beginning of the period, the inventory in process was 60% complete; At the end of the period it was 50% complete. Other important data are: initial inventory of goods in process, 1, 600 units; units started during the period, 2, 000 and units completed during the period, 3, 200. Beginning inventory costs are distributed among: materials, $150,000, conversion costs, S80, 000. The costs incurred during the period are distributed among: materials, $200,000, conversion costs, $ 260,000. Based on this information, we can say that the cost per equivalent unit in conversion costs for the period is?
ABC Corp. adds materials at the beginning of its production process and adds conversion costs evenly. At the beginning of the period, the inventory in process was 60% complete; At the end of the period it was 50% complete. Other important data are: initial inventory of goods in process, 1, 600 units; units started during the period, 2, 000 and units completed during the period, 3, 200. Beginning inventory costs are distributed among: materials, $150,000, conversion costs, S80, 000. The costs incurred during the period are distributed among: materials, $200,000, conversion costs, $ 260,000. Based on this information, we can say that the cost per equivalent unit in conversion costs for the period is?
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