Answer:
d. $2.81
Explanation:
Beginning WIP 3,000 units
Add: Material added during April <u>10,000 units</u>
Total Material 13,000 units
Less: Ending WIP <u>1,500 units</u>
Goods Finished during April <u>11,500 units
</u>
<u></u>
Goods finished during April 11,500 units
Add: Ending WIP <u>1,500 units</u>
(1,500 x 100%)
Equivalent units <u>13,000 units
</u>
<u>
</u>
<u>Material Cost</u>
Beginning WIP $7,500
Add: Cost added during April <u>$29,000</u>
Total material costs A $36,500
Total equivalent units B <u>13,000 units</u>
Direct Material cost (A/B) <u>$2.81</u>
per Equivalent Unit