NUBD Company manufadures a product in Departments A and B. Materials are added at the beginning ofthe process in Department B. NUBD uses the weighted-average method in its process costing system. Conversion costs for Department B were 50% complete with respect to the 6,000 units in the beginn ing work in process and 75% com plete with respect to the 8,000 units in the ending work in process. A total of 12,000 units were com pleted and transferred out of Department B during February. An analysis ofthe costs in Department B for February follows: Transferred Work in process, February 1. Costs added during February. In P12,000 P29,000 Materials Conversion P2,500 P5,500 P1,000 P5,000
NUBD Company manufadures a product in Departments A and B. Materials are added at the beginning ofthe process in Department B. NUBD uses the weighted-average method in its process costing system. Conversion costs for Department B were 50% complete with respect to the 6,000 units in the beginn ing work in process and 75% com plete with respect to the 8,000 units in the ending work in process. A total of 12,000 units were com pleted and transferred out of Department B during February. An analysis ofthe costs in Department B for February follows: Transferred Work in process, February 1. Costs added during February. In P12,000 P29,000 Materials Conversion P2,500 P5,500 P1,000 P5,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
The total cost per equivalent unit during February was _____ (round-off to 2 decimal places)
Transcribed Image Text:NUBD Company manufadures a product in Departments A and B. Materials are added at the
beginning of the process in Departm ent B. NUBD uses the weighted-average method in its process
costing system. Conversion costs for Department B were 50% complete with respect to the 6,000
units in the beginning work in process and 75% com plete with respect to the 8,000 units in the
ending work in process. A total of 12,000 units were com pleted and transferred out of Department
B during February. An analysis ofthe costs in Department B for February follows:
Transferred
In
P12,000
P29,000
Materials Conversion
Work in process, February 1.
Costs added during February.
P2,500
P5,500
P1,000
P5,000
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