Question

Summer 20 Company has asked you to calculate the TOTAL cost per EUP (Equivalent Units of Production) using the weighted average method based on the following. (You must show and label your work for credit.)

Direct Materials Cost $65,000
Conversion Cost $90,000
EUP for Direct Materials 1,000
EUP for Conversion Cost 900

Answer 1

$165

Step-by-step explanation:

Cost per equivalent unit under weighted average method

Direct materials Conversion cost Total

Cost $65,000 $90,000 $155,000

÷ EUP 1,000 900

Cost per equivalent unit $65 $100 $165