Bramble Company has the following equivalent units of production for July: materials 20000 and conversion costs 15000. Production cost data are: Materials Conversion Work in process inventory, July 1 $ 5000 $ 3000 Costs added in July 53600 42000 The unit production costs for July are: Materials Conversion Costs $2.68 $2.80 $2.93 $3.00 $2.93 $2.80
Bramble Company has the following equivalent units of production for July: materials 20000 and conversion costs 15000. Production cost data are: Materials Conversion Work in process inventory, July 1 $ 5000 $ 3000 Costs added in July 53600 42000 The unit production costs for July are: Materials Conversion Costs $2.68 $2.80 $2.93 $3.00 $2.93 $2.80
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Bramble Company has the following equivalent units of production for July: materials 20000 and conversion costs 15000. Production cost data are:
Materials
|
Conversion
|
|||
---|---|---|---|---|
Work in process inventory, July 1
|
$ 5000 | $ 3000 | ||
Costs added in July
|
53600 | 42000 |
The unit production costs for July are:
Materials | Conversion Costs |
$2.68 | $2.80 |
$2.93 | $3.00 |
$2.93 | $2.80 |
$2.68 | $3.00 |
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