The Del Rio Company had the following department information for the month: Beginning balance of Work in Process (WIP) $30,000 for direct materials Direct materials costs added this month Equivalent units of production for direct materials Beginning balance of Work in Process (WIP) $65,000 for conversion costs $60,000 10,000 Conversion costs added this month $85,000 Equivalent units of production for conversion 20,000 costs What is the total manufacturing cost per equivalent unit?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Del Rio Company had the following department information for the month:
Beginning balance of Work in Process (WIP) $30,000
for direct materials
Direct materials costs added this month
Equivalent units of production for direct
materials
Beginning balance of Work in Process (WIP) $65,000
for conversion costs
$60,000
10,000
Conversion costs added this month
$85,000
Equivalent units of production for conversion 20,000
costs
What is the total manufacturing cost per equivalent unit?
Transcribed Image Text:The Del Rio Company had the following department information for the month: Beginning balance of Work in Process (WIP) $30,000 for direct materials Direct materials costs added this month Equivalent units of production for direct materials Beginning balance of Work in Process (WIP) $65,000 for conversion costs $60,000 10,000 Conversion costs added this month $85,000 Equivalent units of production for conversion 20,000 costs What is the total manufacturing cost per equivalent unit?
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