A tennis ball maker gives us its data for the year:

Units in ending WIP Inventory were 90% complete for materials and 60% complete for conversion costs.
On December 31,the cost per equivalent unit for direct materials would be closest to

Question

A tennis ball maker gives us its data for the year:

Units in ending WIP Inventory were 90% complete for materials and 60% complete for conversion costs.
On December 31,the cost per equivalent unit for direct materials would be closest to

Quizplus · Accepted Answer

B)Material
Completed 5,600
End Inv.2,900 × 90% 2,610
Total units 8,210
Costs 14,778
Unit costs $1.80

A Tennis Ball Maker Gives Us Its Data for the Year