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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Ranger Glass Company manufactures glass for French doors. At the start of May, 2,000 units were in-process. During May, 11,000 units were completed ad 3,000 units were in process at the end of May. These in-process units were 90% complete with respect to material and 50% complete with respect to conversion costs. Other information is as follows:
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How much is the cost per equivalent unit for direct materials?
| Work in Process, May: | |
| Direct Material | $36,000 |
| Conversion Costs | 45,000 |
| Costs incurred during May: | |
| Direct Material | $186,000 |
| Conversion Costs |
255,000 |
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