In Mordica Company, total material costs are $34,500, andtotal conversion costs are $54,500. Equivalent units ofproduction are materials 10,000 and conversion costs12,000.a. Compute the unit costs for materials and conversioncosts.b. Compute total manufacturing costs.

a. Computing Unit CostsUnit cost for materials: Total material costs / Equivalent units of…

Answered: In Mordica Company, total material…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8EB: A production department within a company received materials of $7,000 and conversion costs of $5,000...

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In Mordica Company, total material costs are $34,500, and total conversion costs are $54,500. Equivalent units of production are materials 10,000 and conversion costs 12,000. a. Compute the unit costs for materials and conversion costs. b. Compute total manufacturing costs.