The cost of direct materials transferred into the Rolling Department of Kraus Company is $393,600. The conversion cost for the period in the Rolling Department $266,000. The total equivalent units for direct materials and conversion are 2,400 tons and 4,750 tons, respectively. Determine the direct materials and conversion costs per equivalent unit. Direct materials cost per equivalent unit: per ton Conversion cost per equivalent unit: per ton

The cost of direct materials transferred into the Rolling Department of Kraus Company is $393,600. The conversion cost for the period in the Rolling Department $266,000. The total equivalent units for direct materials and conversion are 2,400 tons and 4,750 tons, respectively. Determine the direct materials and conversion costs per equivalent unit. Direct materials cost per equivalent unit: per ton Conversion cost per equivalent unit: per ton

Name: Cost per Equivalent UnitThe cost of direct materials transferred into
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Description: Cost per Equivalent UnitThe cost of direct materials transferred into the Rolling Department of Kraus Company is $393,600. The conversion cost for the period in the Rolling Department is$266,000. The total equivalent units for direct materials and c

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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