Crawford Company Has the Following Equivalent Units for July: Materials

Short Answer

Crawford Company has the following equivalent units for July: materials 20000 and conversion costs 18000. Production cost data are: $\begin{array}{l}\begin{array} { l r c } &\text { Materials } & \text { Conversion } \\\text { Work in process, July } 1 & \$ 6,400 & \$ 3,000 \\\text { Costs added in July } & 50,400 & 42,000\end{array}\\\\\text { The unit production costs for July are: }\end{array}$
$\begin{array}{lrr} & \text { Materials } & \text { Conversion Costs } \\\end{array}$
A) $\begin{array}{lrr} & \$ 2.52 &&&& \$ 2.50 \\\end{array}$
B) $\begin{array}{lrr} & 2.84 &&&&& 2.33 \\\end{array}$
C) $\begin{array}{lrr} & 2.52 &&&&& 2.33 \\\end{array}$
D) $\begin{array}{lrr} & 2.84 &&&&& 2.50\end{array}$