Crane Company decided to analyze certain costs for June of the current year. Units started into production equaled 27000 and ending work in process equaled 3500 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20% complete and total conversion costs equaled $96800? $3.59. $4.00. $3.17. $2.00.
Crane Company decided to analyze certain costs for June of the current year. Units started into production equaled 27000 and ending work in process equaled 3500 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20% complete and total conversion costs equaled $96800? $3.59. $4.00. $3.17. $2.00.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Crane Company decided to analyze certain costs for June of the current year. Units started into production equaled 27000 and ending work in process equaled 3500 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20% complete and total conversion costs equaled $96800?
$3.59.
$4.00.
$3.17.
$2.00.
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