Precision Manufacturing Inc. reports that its conversion cost per unit is $8. The total material costs amount to $72,000. The equivalent units for materials are 9,000. What is the total manufacturing cost per unit?
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- The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?Cool Pool has these costs associated with production of 20,000 units of accessory products: direct materials, $70; direct labor, $110; variable manufacturing overhead, $45; total fixed manufacturing overhead, $800,000. What is the cost per unit under both the variable and absorption methods?Crane Industries has equivalent units of 7000 for materials and for conversion costs. Total manufacturing costs are $111000. Total materials costs are $90000. How much is the conversion cost per unit? $15.86. $3.00. $28.71. $12.86.
- Bonita Industries has equivalent units of 8600 for materials and for conversion costs. Total manufacturing costs are $127100. Total materials costs are $97000. How much is the conversion cost per unit? $14.78. $11.28. $26.06. $3.50.Provide answerIn Carter Manufacturing, total material costs are $42,500, and total conversion costs are $63,800. Equivalent units of production are materials 11,500 and conversion costs 13,400. Compute the unit costs for materials, conversion costs, and total manufacturing.
- Provide AnswerCher Industries has total material costs of $56,200, and total conversion costs are $74,600. The equivalent units of production are materials 18,250 and conversion costs 22,150. Compute the unit costs for materials and conversion costs.Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for materials are 12,000. How much is the total manufacturing cost per unit?
- In Mica Company, total material costs are $43,500, and total conversion costs are $56,300. Equivalent units of production are materials 14,650 and conversion costs 19,150. Compute the unit costs for materials and conversion costs.I am looking for the correct answer to this general accounting question with appropriate explanations.Conversion cost per unit equals $8.00. Total materials costs are $80900. Equivalent units of production for materials are 16180. How much is the total manufacturing cost per unit? $5.00. $8.00. $3.00. $13.00.