Connect à Secure I https//newconnect.mhedacation.com/flow/oonnect.html Exam #1 M

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Connect à Secure I https//newconnect.mhedacation.com/flow/oonnect.html Exam #1 MC Qu. 165 Following is a partial proces... Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Units Completed and transferred out Units in Ending Work in Process: 10 points 50,0e 2 02-282 ) Direct Materials (1s,eee * 100%) Conversion (15,000 . 80%) Equivalent Units of Production 12,eee 62,808 65 , 800 Raforances Cost per Equivalent Unit costs of beginning work in process Costs incurred this period Total costs Cost per equivalent unit 48,580 136,808 $176, 5e8 59,789 183,180 $242,888 5 2.71 per EUP 3.92 per EUP The total materials costs transferred out of the Cenning Department equals Mutipie Choice ?Prey 200f 40111 Next> O Type here to search

Explanation / Answer

Ans) Option A 135,500

No. of unis treansferred out = 50,000

Cost per equivalent unit = 2.71 per unit

Total material cost = 50,000 X 2.71 per unit = 135,500

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