The cost of direct materials transferred into the Bottling Department of Galaxy Fragrance Inc. is $24,000. The conversion cost for the period in the Bottling Department is $6,300. The total equivalent units for direct materials and conversion are 60,000 ounces and 52,500 ounces, respectively. Determine the direct materials and conversion costs per equivalent unit.

The cost of direct materials transferred into the Bottling Department of Galaxy Fragrance Inc. is $24,000. The conversion cost for the period in the Bottling Department is $6,300. The total equivalent units for direct materials and conversion are 60,000 ounces and 52,500 ounces, respectively. Determine the direct materials and conversion costs per equivalent unit.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5BE: The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000....

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