A company uses process costing to value its output. The following was recorded for the period:
Input materials
2,000 units at $4.50 per unit
Conversion costs
13,340
Normal loss
5% of input valued at $3 per unit
Actual loss
150 units
There were no opening or closing inventories.
What was the valuation of one unit of output to one decimal place?
$ ________
The correct answer is: $11.6
Input costs
2,000 units × $4.50
$9,000
Conversation costs
$13,340
5% × 2,000 units × $3
$300
Expected output
2,000 units - 100 units
1,900 units
Cost per unit of output
$11.6 (to one decimal point)
微信号：gaoduntiku
合作账户登录：
账户名：
密码：
关注官方微信
微信号:gaoduneclass
高顿网校
售前咨询(9:00-21:00)
400-168-8811
在线客服点击咨询
售后咨询(9:00-21:00)
021-31068088
fankui@gaodun.com
微信扫一扫实时资讯全掌握
Copyright © 2006- 高顿网校, All Rights Reserved.
