CALCULATOR PRINTER VERSION . BACK In Mordica Company, total material costs are $

Question

CALCULATOR PRINTER VERSION . BACK In Mordica Company, total material costs are $36,000, and total conversion costs are $58,500. Equivalent units of production are materials 10,000 and conversion costs 12,000 Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, e.g. 2.25) Materials cost per unit s Conversion cost per unit s Compute total manufacturing costs. (Round answer to 2 decimal places, e.g. 2.25) Total manufacturing cost per unit s SAVE FOR LATER SUBMIT ANSWE Question Attempts: 0 of 1 used

Explanation / Answer

Materials cost per unit = Total materials costs / Equivalent units of materials
= $36,000 / 10,000 = $3.60 per unit

Conversion cost per unit = Total conversion costs / Equivalent units of conversion costs
= $58,500 / 12,000 = $4.88 per unit

Total manufacturing cost per unit = Materials cost per unit + Conversion cost per unit
= $3.60 + $4.88 = $8.48 per unit

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