GREAT CAESARS DRESSINGAverage Cost Method Mixing Department

GREAT CAESAR\'S DRESSING-Average Cost Method Mixing Department at Great Caesar\'s had beginning Work in Process on July 1 of 5,600 gallons. The company started 61,000 gallons into production during the month. During the month, the company completed and transferred 63,000 gallons to the Botting Department. the month there were 3,600 gallons in Working Process that were 30 percent completoe. Unit Data Beginning Work in Process Units Started Units to Account For EU Completed and Transferred Units in Ending WIP Units Accounted For Total Costs in the department were $89,105. what was the cost per equivalent unit? $ 100% -(5 decimal places)

Solution

Unit Data Beginning Work in Process 5,600 Units Started 61,000 Units to Account for 66,600 EU % Completed & Transferred 63,000 63,000 100% Units in Ending WIP 3,600 1,080 30% Units Accounted for 64,080 cost per Equivalent units = 89,105/64080 1.390527