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Author Question: Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two ... (Read 25 times)

jessicacav

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Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.

Data for Department A for February 2017 are:
Work in process, beginning inventory, 30% converted200 units
Units started during February1000 units
Work in process, ending inventory240 units

Costs for Department A for February 2017 are:
 Work in process, beginning inventory:
Direct materials$150,000
Conversion costs$208,000
Direct materials costs added during February$606,000
Conversion costs added during February$431,000

What is the unit cost per equivalent unit of beginning inventory in Department A? (Round the final answer to the nearest whole dollar.)
◦ $750
◦ $2717
◦ $3735
◦ $4217


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Marked as best answer by jessicacav on Mar 6, 2021

wfdfwc23

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jessicacav

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


okolip

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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