Knowledge Check July production costs of Gem's Packaging Department in June are: Materials $8,050 14,500 Labor Overhead 5,060 Equivalent units of production are materials, 11.500, and conversion costs, 16,300. Compute the unit costs for materials and conversion costs for July. (Round answers to 2 decimal places, eg. 2.25.)
Knowledge Check July production costs of Gem's Packaging Department in June are: Materials $8,050 14,500 Labor Overhead 5,060 Equivalent units of production are materials, 11.500, and conversion costs, 16,300. Compute the unit costs for materials and conversion costs for July. (Round answers to 2 decimal places, eg. 2.25.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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