Multiple Choice
The debits to Work in Process-Assembly Department for May, together with data concerning production, are as follows: May 1, work in process:
Materials cost, 3,000 units $ 8,000
Conversion costs, 3,000 units, 66.7% completed 6,000
Materials added during May, 10,000 units 30,000
Conversion costs during May 31,000
Goods finished during May, 11,500 units 0
May 31 work in process, 1,500 units, 50% completed 0
All direct materials are placed in process at the beginning of the process and the firstin, firstout method is used to cost inventories.The materials cost per equivalent unit for May is
A) $3.00
B) $3.80
C) $2.92
D) $2.31
Correct Answer:
Verified
Correct Answer:
Verified
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