Hi expert please given correct answer with accounting question Unit costs for materials and conversion cost amount to $6 and $8 respectively.The ending work in process costs for 5,000 units (80% complete as to materialand 60% complete as to conversion costs) amount toA) $54,000.B) $48,000.C) $42,000.D) $36,000.

Step 1: Detailed Explanation of (Ending Work in Process Cost)Ending Work in Process (WIP) Cost is…

Answered: Unit costs for materials and conversion…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8EB: A production department within a company received materials of $7,000 and conversion costs of $5,000...

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The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000. The conversion cost for the period in the Rolling Department is 462,600. The total equivalent units for direct materials and conversion are 4,000 tons and 3,855 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.
The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
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Unit costs for materials and conversion cost amount to $4 and $5 respectively. The ending work in process costs for 8,000 units (100% result as to material and 70% result as to conversion costs) amount to A) $60,000. B) $72,000. C) $44,000. D) $40,000.
Abc
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Financial Accounting
A production department within a company received materials of $8,000 and conversion costs of $11,000 from the prior department. It added material of $23,280 and conversion costs of $42,550. The equivalent units are 17,000 for material and 15,300 for conversion. What is the unit cost for materials and conversion? When required, round final answers to two decimal places. Unit Cost Materials $ Conversion $

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Unit costs for materials and conversion cost amount to $6 and $8 respectively. The ending work in process costs for 5,000 units (80% complete as to material and 60% complete as to conversion costs) amount to A) $54,000. B) $48,000. C) $42,000. D) $36,000.