At Oriole Company, there are 865 units of ending work in process that are 100% complete as to materials and 40% complete as to conversion costs. If the unit cost of materials is $3 and the total costs assigned to the 865 units is $6,401, what is the per unit conversion cost? (Round answer to 2 decimal places, e.g. 2.25.) Per unit conversion cost $

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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At Oriole Company, there are 865 units of ending work in process that are 100% complete as to materials and 40% complete as to
conversion costs. If the unit cost of materials is $3 and the total costs assigned to the 865 units is $6,401, what is the per unit
conversion cost? (Round answer to 2 decimal places, e.g. 2.25.)
Per unit conversion cost $
Transcribed Image Text:Current Attempt in Progress At Oriole Company, there are 865 units of ending work in process that are 100% complete as to materials and 40% complete as to conversion costs. If the unit cost of materials is $3 and the total costs assigned to the 865 units is $6,401, what is the per unit conversion cost? (Round answer to 2 decimal places, e.g. 2.25.) Per unit conversion cost $
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