In Mordica Company, total material costs are $34,500, and total conversion costs are $54,500. Equivalent units of production are materials 10,000 and conversion costs 12,000. a. Compute the unit costs for materials and conversion costs. b. Compute total manufacturing costs.
In Mordica Company, total material costs are $34,500, and total conversion costs are $54,500. Equivalent units of production are materials 10,000 and conversion costs 12,000. a. Compute the unit costs for materials and conversion costs. b. Compute total manufacturing costs.
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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Transcribed Image Text:In Mordica Company, total material costs are $34,500, and
total conversion costs are $54,500. Equivalent units of
production are materials 10,000 and conversion costs
12,000.
a. Compute the unit costs for materials and conversion
costs.
b. Compute total manufacturing costs.
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