Homework Answers
Answer
C) $ 3.58
Calculations:
| Statement of Equivalent Production | ||||
| Input | Particulars | Output | % | Units |
| 26,500.00 | Opening Stock | 26,500.00 | 30% | 7,950.00 |
| 560,000.00 | Put and processed | 545,000.00 | 100% | 545,000.00 |
| Closing stock | 15,000.00 | 35% | 5,250.00 | |
| 586,500.00 | Total | 586,500.00 | 558,200.00 | |
| Costs: | 2000000 | |||
| Cost per unit | $ 3.58 | |||
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