Amon Products Inc. completed and transferred 120.000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in-process inventory was 7,500 units, which were % complete as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred was $61,200, direct labor cost incurred was $127.150. and factory overhead applied was $221,450. Determine the following for the Pressing Department. Round "cost per equivalent unit" answers to the nearest cent. a. Total conversion cost b. Conversion cost per equivalent unit c. Direct materials cost per equivalent unit 348,600 000
Amon Products Inc. completed and transferred 120.000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in-process inventory was 7,500 units, which were % complete as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred was $61,200, direct labor cost incurred was $127.150. and factory overhead applied was $221,450. Determine the following for the Pressing Department. Round "cost per equivalent unit" answers to the nearest cent. a. Total conversion cost b. Conversion cost per equivalent unit c. Direct materials cost per equivalent unit 348,600 000
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Amon Products Inc. completed and transferred 120.000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in-process inventory was 7,500 units, which were % complete as to conversion cost. All materials are
added at the beginning of the process. Direct materials cost incurred was $61,200, direct labor cost incurred was $127.150. and factory overhead applied was $221,450.
Determine the following for the Pressing Department. Round "cost per equivalent unit" answers to the nearest cent.
a. Total conversion cost
b. Conversion cost per equivalent unit
c. Direct materials cost per equivalent unit
348,600
000
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