Sidney Company produces plastic cups in a one-department process.The following information is available: $$\begin{array} { l r }
\text { Work-in-process inventory, beginning } & 0 \
\text { Units started } & 60,000 \
\text { Units complete and transferred out } & 48,000 \
\text { Work-in-process inventory, ending } & 12,000 \
& \
\text { Direct materials added } & \$ 240,000 \
\text { Direct labor } & \$ 165,600 \
\text { Factory overhead } & \$ 82,800
\end{array}$$ The units still in process are 100% complete with respect to direct materials and 60% complete with respect to conversion costs.The cost of one completed unit is _____.

Question

Sidney Company produces plastic cups in a one-department process.The following information is available: $$\begin{array} { l r } 
\text { Work-in-process inventory, beginning } & 0 \
\text { Units started } & 60,000 \
\text { Units complete and transferred out } & 48,000 \
\text { Work-in-process inventory, ending } & 12,000 \
& \
\text { Direct materials added } & \$ 240,000 \
\text { Direct labor } & \$ 165,600 \
\text { Factory overhead } & \$ 82,800
\end{array}$$ The units still in process are 100% complete with respect to direct materials and 60% complete with respect to conversion costs.The cost of one completed unit is _____.

Quizplus · Accepted Answer

The Answer of Sidney Company produces plastic cups in a one-department process.The following information is available: $$\begin{array} { l r } 
\text { Work-in-process inventory, beginning } & 0 \
\text { Units started } & 60,000 \
\text { Units complete and transferred out } & 48,000 \
\text { Work-in-process inventory, ending } & 12,000 \
& \
\text { Direct materials added } & \$ 240,000 \
\text { Direct labor } & \$ 165,600 \
\text { Factory overhead } & \$ 82,800
\end{array}$$ The units still in process are 100% complete with respect to direct materials and 60% complete with respect to conversion costs.The cost of one completed unit is _____.

Sidney Company Produces Plastic Cups in a One-Department Process The Units Still in Process Are 100% Complete with Respect