WaterwayCompany has the following equivalent units of production for July: materials 15460 and conversion 11540. Production cost data are: Materials Conversion Work in process, July 1 $ 7300 $ 3700 Costs added in July 70000 54000 The unit production costs for July are: ________

a. $4.53
b. $4.68
c. $5.00
c. $5.00
d. $5.00
e. $4.68
f. $4.53
g. $5.00

Respuesta :

Answer:

c. $5.00  & $5.00

Explanation:

                                                Materials     Conversion

Work in process July 1              $7300          $3700

Cost added in July                    $70000       $54000

Total Cost (A)                             $77,300       $57,700

Equivalent unit for July (B)         15460           11540

Production Cost (A/B)                  $5                $5