A production department within a company received materials of $11,632 and conversion costs of $10,660 from the prior department. It added material of $20,944 and conversion costs of $47,607. The equivalent units are 29,937 for material and 18,214 for conversion. What is the unit cost for conversion? Round to the nearest penny, two decimal places.

A production department within a company received materials of $11,632 and conversion costs of $10,660 from the prior department. It added material of $20,944 and conversion costs of $47,607. The equivalent units are 29,937 for material and 18,214 for conversion. What is the unit cost for conversion? Round to the nearest penny, two decimal places.

Name: A production department within a company received materials of $11,63
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Description: A production department within a company received materials of $11,632material of $20,944 and conversion costs of $47,607. The equivalent unitsfor conversion? Round to the nearest penny, two decimal places.are 29,937 for material and 18,214 for conv

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 14EA: A production department within a company received materials of $10,000 and conversion costs of...

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