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NeTakaya
4 years ago
15

Layla Company began making mascara in November 2018 using a single-step process. Layla incurred $42,000 for materials and $48,64

0 for conversion during the month. There were 21,000 cases of mascara started in November and 3,000 cases unfinished (40 percent complete) at the end of the period. All materials were added at the beginning of the production process.What is the unit cost for materials for Layla using the FIFO method?a.$4.53b.$2.00c.$2.03d.None of these choices are correct.
Business
1 answer:
Anna35 [415]4 years ago
4 0

Answer:

correct answer is   b) $2.00

Explanation:

we know here

started and completed unit  for physical = 18000

so EUP material for 100 % = 18000

and

Ending work in process for physical = 3000

so EUP material for 100 % = 3000

so total EUP material = 18000 + 3000 = 21000

and

Unit cost is here = \frac{42000}{21000}

Unit cost =  2 per unit

so correct answer is   b) $2.00

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Answer:

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The delivery cost is already involved in the total cost. So, we have to deduct it to find out accurate relevant cost . The other information which is given is not relevant. So, we ignored it

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Answer:

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3 years ago
An event that must occur in order for a party's duty to arise is called a(n) ________________.
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3 years ago
A growth producing region of cell division, known as a ________, is found near the tips of stems and roots.
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Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 140 shares of its common st
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Answer: $70

Explanation:

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3 years ago
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