Georgia products inc completed and transferred 214000, Ask an Expert

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Georgia Products Inc. completed and transferred 214,000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in-process inventory was 19,000 units, which were 2/5 complete as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred was $687,350, direct labor cost incurred was $323,090, and factory overhead applied was $75,790.

Determine the following for the Pressing Department. Round "cost per equivalent unit" answers to the nearest cent.

a. Total conversion cost $

b. Conversion cost per equivalent unit $

c. Direct materials cost per equivalent unit $

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91971702

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