Zimmerman Company manufactures plastic cups in one department. The following information is available:
Work-In-Process Inventory, beginning 0
Units started 60,000
Units completed and transferred 48,000
Work-In-Process Inventory, end 12,000
Direct materials added $180,000
Direct labor $165,600
Factory overhead $82,800
The units in the ending Work-In-Process Inventory are 50 percent complete with respect to direct materials and 60 percent complete with respect to conversion costs. The unit cost of direct materials is ________.
A) $1.00
B) $3.00
C) $3.33
D) $5.00
C
You might also like to view...
Which of the following techniques can be used to minimize system downtime?
A. preventative maintenance B. RAID C. UPS D. All of these
The principal difference between an estate for years and an estate from period to period is that an
A) estate for years is a life estate. B) estate from period to period has no expiration date. C) estate for years cannot be terminated. D) estate from period to period must be in writing.