Answer:
(a) unit accounted for transferred out $25,200 (b) Equivalent unit of production, Materials $27,720, conversion cost $26,208, (c) unit cost of production Unit materials cost $9, Unit conversion cost $8
Explanation:
No specific question was asked, I think the question to be asked are the following
Cost Data
$
Materials. 249,480
Labour. 67,536
Overhead. 142,128
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Total. 459,144
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To prepare a schedule showing physical unit of production
$
Beginning work in process June 1. 0
Unit started into production. 27,720
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Total. 27,720
Less: Ending work in process unit. 2,520
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Unit accounted for transferred out. 25,200
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To determine the equivalent unit of production
Materials. Conversion cost
$ $
Transferred out. 25,200. 25,200
Work in process( 2,520 × 100%) 2,520
(2,520 × 40%) 1,008
------------- ------------------
Total. 27,720. 26,208
----------------- --------------------
To compute the unit cost of Production
Unit materials cost = Total materials cost / Equivalent cost
= 249,480/ 27,720
= $9
Unit conversion cost = Labour + Overhead / Equivalent cost
67,536 + 142,128
= 209,664 / 26,208
= $8
