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riadik2000 [5.3K]
3 years ago
9

he Assembly Department of​ ByteSize, Inc., manufacturer of​ computers, incurred $ 260 comma 000 in direct material costs and $ 7

0 comma 000 in conversion costs. The equivalent units of production for direct materials and conversion costs are 1 comma 000 and 600​, respectively. The weightedminusaverage method is used. The cost per equivalent unit of production​ (EUP) for conversion costs is
Business
2 answers:
Mkey [24]3 years ago
8 0

Answer:

<em>Cost per equivalent unit  for conversion cost = $116.66</em>

<em>                                      </em>

Explanation:

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required to a complete a set of work  is done in the period under consideration.So there is no separation of the completed units into opening inventory and fully worked. </em>

To determine the cost per equivalent unit, we use the formula below:

<em>Cost per equivalent unit = $70,000/600</em>

<em>                                        = $116.66</em>

<em />

babunello [35]3 years ago
4 0

Answer:

$ 166.67

Explanation:

The Concept of Equivalent units measures the number of units completed in terms of completion in input elements of materials and conversion costs.

<em>cost per equivalent unit = Total conversion cost / total equivalent units of conversion</em>

                                       = $ 70,000 / 600

                                       = $ 166.67

Therefore, cost per equivalent unit of production​ (EUP) for conversion costs is  $ 166.67 .

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