FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Crawford Company has the following equivalent units for July: materials 20,000 and
conversion costs 18,000. Production cost data are:
Work in process, July 1
Costs added in July
Materials
S 6,400
50,400
Conversion
$ 3,000
42,000
The unit production costs for July are:
Materials
A) $2.52
Conversion Costs
$2.50
B)
2.84
2.33
C)
2.84
2.50
D)
2.52
2.33
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Transcribed Image Text:Crawford Company has the following equivalent units for July: materials 20,000 and conversion costs 18,000. Production cost data are: Work in process, July 1 Costs added in July Materials S 6,400 50,400 Conversion $ 3,000 42,000 The unit production costs for July are: Materials A) $2.52 Conversion Costs $2.50 B) 2.84 2.33 C) 2.84 2.50 D) 2.52 2.33
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