Question

Cliff Company manufactures file cabinets. The following costinformation is available for the month of December:

  Beginning work in process

    Direct materials $ 68,000
    Conversion cost 124,000
  December costs
    Direct materials 136,000
    Conversion cost 210,000

Cliff had 17,000 equivalent units of direct materials and 12,000equivalent units of conversion cost.

Using the weighted-average method, calculate Cliff’s cost perequivalent unit for materials and conversion during Decemb

Direct Mate
Conversion
Cost per equivalent unit
r the month of December:

    Direct materials     Conversion cost

  Beginning work in process
  December costs
Total Costs
divide by equivalent units
Cost per equivalent unit
$ 68,000 $ 124,000
$ 136,000 $ 210,000
$ 204,000 $ 334,000
17,000 12,000
$ 12.00 $ 27.83

ersion cost.

als and conversion during December.(Round your answers to 2 decimal places.)