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vesna_86 [32]
3 years ago
8

Canners Company uses weighted-average costing. Beginning work in process inventory had $3,650 of material costs. During the peri

od, $5,000 of materials and $9,250 in conversion costs were added. If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is ______.
Business
1 answer:
Dmitrij [34]3 years ago
5 0

Answer:

the cost per equivalent unit for materials is $34.60

Explanation:

The computation of the cost per equivalent unit for materials is shown below:

= (Beginning work in inventory + material added) ÷ material equivalent unit of production

= ($3,650 + $5,000) ÷ 250 units

= $34.60

Hence, the cost per equivalent unit for materials is $34.60

The same should be considered and relevant

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Answer:

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• Cost of equity: The cost of equity is the return a firm pays to its equity investors e.g shareholders in order to reward them for the risk taken by investing their capital. Companies need capital to operate and grow hence, individuals and organizations who provide funds to such companies are rewarded.

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