Sandhill Company reported the following information for the month of April: Units Work in Process Beginning inventory, April 1 8,500 Added to production 40,500 Completed and transferred out ? Ending inventory, April 30 5,300 Ending inventory was 100% complete with respect to materials and 88% complete with respect to conversion costs. Sandhill also reported the following cost information in April: Costs Materials Conversion Work in Process Beginning inventory, April 1 $10,500 $16,092 Added to production 67,900 129,000 (a) Your answer is incorrect. What was the cost per equivalent unit for materials? (Round answer to 2 decimal places, e.g. 15.25.) Materials cost per EU $
Sandhill Company reported the following information for the month of April: Units Work in Process Beginning inventory, April 1 8,500 Added to production 40,500 Completed and transferred out ? Ending inventory, April 30 5,300 Ending inventory was 100% complete with respect to materials and 88% complete with respect to conversion costs. Sandhill also reported the following cost information in April: Costs Materials Conversion Work in Process Beginning inventory, April 1 $10,500 $16,092 Added to production 67,900 129,000 (a) Your answer is incorrect. What was the cost per equivalent unit for materials? (Round answer to 2 decimal places, e.g. 15.25.) Materials cost per EU $
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Sandhill Company reported the following information for the month of April:
Units
Work in Process
Beginning inventory, April 1
8,500
Added to production
40,500
Completed and transferred out
?
Ending inventory, April 30
5,300
Ending inventory was 100% complete with respect to materials and 88% complete with respect to conversion costs.
Sandhill also reported the following cost information in April:
Costs
Materials
Conversion
Work in Process
Beginning inventory, April 1
$10,500
$16,092
Added to production
67,900
129,000
(a)
Your answer is incorrect.
What was the cost per equivalent unit for materials? (Round answer to 2 decimal places, e.g. 15.25.)
Materials cost per EU
$
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