Homework Answers
3)
| Direct material | conversion cost | |
| Total cost incurred till date | 248000+434000= 682000 | 402000+492000=894000 |
| Number of equivalent unit | 362000 | 225200 |
| Cost per equivalent unit | 682000/362000 = $ 1.8839779 | 894000/225200=$ 3.9698046 |
4)
| Direct material | conversion cost | Total | |
| units completed | 210000*1.8839779= 395635 | 210000*3.9698046 =833659 | 1229294 |
| ending work in process | 152000*1.8839779= 286365 | 15200*3.9698046= 60341 | 346706 |
| Total cost accounted for | 682000 | 894000 | 1576000 |
**The difference in total direct material and conversion cost is due to decimal places in cost per equivalent unit
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