Answer
3.20
Work Step by Step
Cost per equivalent unit for materials = The cost of beginning work in process inventory plus the cost added during the period for materials ÷ equivalent unit of production = 136,000 ÷ 42,500 = 3.20
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 4 - Process Costing - The Foundational 15 - Required - Page 162: 8
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