In: Accounting
The production progress report of the AB Company, regarding its product, during the month of April shows the following data:
The company adds the required materials at the beginning of the manufacturing process, but the conversion costs incur uniformly throughout the manufacturing process. The total cost for materials was $439,400 and conversion was $482,500.
1.) The unit materials cost of the production in April was
closest to:
A. $8,279
B. $8,773
C. $8,616
D. $9,650
2.) The conversion cost per unit of the production in April was closest to:
A. $9.279
B. $8.773
C. $8.616
D. $9.650
3.) The total manufacturing cost per unit of production in April was closest to:
A. $17.57
B. $18.10
C. $17.56
D. $17.07
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