DEF Manufacturing uses a process cost accounting system. The following information is available regarding direct labor for the current quarter: | Goods in process, April 1 | 4,800 units, 60% complete | | Goods in process, June 30 | 5,200 units, 25% complete || Units completed and transferred to finished goods | 38,600 units || Direct labor costs during the quarter | $185,640 | Calculate the average cost per equivalent unit for direct labor (round to the nearest cent).

DEF Manufacturing uses a process cost accounting system. The following information is available regarding direct labor for the current quarter: | Goods in process, April 1 | 4,800 units, 60% complete | | Goods in process, June 30 | 5,200 units, 25% complete || Units completed and transferred to finished goods | 38,600 units || Direct labor costs during the quarter | $185,640 | Calculate the average cost per equivalent unit for direct labor (round to the nearest cent).

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...

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