Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows: Beginning work in process Units started Ending inventory 10,000 units. O $0.83 O $1.00 O $1.90 O $1.20 20,000 units 5,000 units Beginning work-in-process direct materials Beginning work-in-process conversion Direct materials added during month Direct manufacturing labor during month Factory overhead Beginning work in process was half converted as to labor and overhead. Direct materials are added a conversion costs are incurred evenly throughout the process. Ending work in process was 60% comp What is the cost per equivalent unit of material? $6,000 $2,600 $30,000 $12,000 $ 5,000
Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows: Beginning work in process Units started Ending inventory 10,000 units. O $0.83 O $1.00 O $1.90 O $1.20 20,000 units 5,000 units Beginning work-in-process direct materials Beginning work-in-process conversion Direct materials added during month Direct manufacturing labor during month Factory overhead Beginning work in process was half converted as to labor and overhead. Direct materials are added a conversion costs are incurred evenly throughout the process. Ending work in process was 60% comp What is the cost per equivalent unit of material? $6,000 $2,600 $30,000 $12,000 $ 5,000
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows:
Beginning work in process
Units started
Ending inventory
Beginning work-in-process direct materials
Beginning work-in-process conversion
Direct materials added during month
O $0.83
O $1.00
O$1.90
10,000 units
O $1.20
20,000 units
5,000 units
$ 6,000
Direct manufacturing labor during month
Factory overhead
$ 5,000
Beginning work in process was half converted as to labor and overhead. Direct materials are added at the beginning of the process. All
conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete.
What is the cost per equivalent unit of material?
$ 2,600
$30,000
$12,000
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