Answer:
- Cost of Direct material per unit = $1.50 per unit
- Cost of Conversion = $7.30 per unit
Step-by-step explanation:
Cost of Direct material per unit is:
= Total cost of direct material / Total equivalent units for direct materials
= 91,050 / 60,700
= $1.50 per unit
Cost of conversion
= Total cost of Conversion / Total equivalent units for Conversion
= 497,860 / 68,200
= $7.30 per unit