On December 31,Berry Company recorded the following information in the Mixing Department's Work in Process account:
$\begin{array}{lll}
& \underline{\text { Units }} & \underline{\text { Cost }} \
\text { Beginning balance } 80 \% \text { complete } & 5,000 & \$ 50,000 \
\text { Started into production } & 100,000 & \$ 500,000 \
\text { Completed and transferred to Packaging } & 95,000 & \
\text { Ending balance } 60 \% \text { complete } & 10,000 &
\end{array}$
Assume that the unfinished units in ending inventory are 60% complete for both materials and conversion. What is the cost per equivalent unit?

Question

On December 31,Berry Company recorded the following information in the Mixing Department's Work in Process account:
 $\begin{array}{lll} 
& \underline{\text { Units }} & \underline{\text { Cost }} \
\text { Beginning balance } 80 \% \text { complete } & 5,000 & \$ 50,000 \
\text { Started into production } & 100,000 & \$ 500,000 \
\text { Completed and transferred to Packaging } & 95,000 & \
\text { Ending balance } 60 \% \text { complete } & 10,000 &
\end{array}$ 
Assume that the unfinished units in ending inventory are 60% complete for both materials and conversion. What is the cost per equivalent unit?

Quizplus · Accepted Answer

The Answer of On December 31,Berry Company recorded the following information in the Mixing Department's Work in Process account:
 $\begin{array}{lll} 
& \underline{\text { Units }} & \underline{\text { Cost }} \
\text { Beginning balance } 80 \% \text { complete } & 5,000 & \$ 50,000 \
\text { Started into production } & 100,000 & \$ 500,000 \
\text { Completed and transferred to Packaging } & 95,000 & \
\text { Ending balance } 60 \% \text { complete } & 10,000 &
\end{array}$ 
Assume that the unfinished units in ending inventory are 60% complete for both materials and conversion. What is the cost per equivalent unit?

On December 31,Berry Company Recorded the Following Information in the Mixing