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Sandhill Company reported the following information for the month of April: Units Work in Process Beginning inventory, April 1 8,500 Added to production 40,500 Completed and transferred out ? Ending inventory, April 30 5,300 Ending inventory was 100% complete with respect to materials and 88% complete with respect to conversion costs. Sandhill also reported the following cost information in April: Costs Materials Conversion Work in Process Beginning inventory, April 1 $10,500 $16,092 Added to production 67,900 129,000 (a) Your answer is incorrect. What was the cost per equivalent unit for materials? (Round answer to 2 decimal places, e.g. 15.25.) Materials cost per EU $

Sandhill Company reported the following information for the month of April: Units Work in Process Beginning inventory, April 1 8,500 Added to production 40,500 Completed and transferred out ? Ending inventory, April 30 5,300 Ending inventory was 100% complete with respect to materials and 88% complete with respect to conversion costs. Sandhill also reported the following cost information in April: Costs Materials Conversion Work in Process Beginning inventory, April 1 $10,500 $16,092 Added to production 67,900 129,000 (a) Your answer is incorrect. What was the cost per equivalent unit for materials? (Round answer to 2 decimal places, e.g. 15.25.) Materials cost per EU $

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sandhill Company reported the following information for the month of April: Units Work in Process Beginning inventory, April 1 8,500 Added to production 40,500 Completed and transferred out ? Ending inventory, April 30 5,300 Ending inventory was 100% complete with respect to materials and 88% complete with respect to conversion costs. Sandhill also reported the following cost information in April: Costs Materials Conversion Work in Process Beginning inventory, April 1 $10,500 $16,092 Added to production 67,900 129,000 (a) Your answer is incorrect. What was the cost per equivalent unit for materials? (Round answer to 2 decimal places, e.g. 15.25.) Materials cost per EU $
Transcribed Image Text:Sandhill Company reported the following information for the month of April: Units Work in Process Beginning inventory, April 1 8,500 Added to production 40,500 Completed and transferred out ? Ending inventory, April 30 5,300 Ending inventory was 100% complete with respect to materials and 88% complete with respect to conversion costs. Sandhill also reported the following cost information in April: Costs Materials Conversion Work in Process Beginning inventory, April 1 $10,500 $16,092 Added to production 67,900 129,000 (a) Your answer is incorrect. What was the cost per equivalent unit for materials? (Round answer to 2 decimal places, e.g. 15.25.) Materials cost per EU $
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