March 2 2019 Aco has a beginning WIP inventory of zero. All materials are added into production at the beginning of its production.
Given:March 2 2019 Aco has a beginning WIP inventory of zero. All materials are added into production at
the beginning of its production. There is only on production WIP inventory. During the month 28,000 units were started. A the end of the month all started unites were 55% complete with respect to conversion. Direct materials placed into production had a total cost of $400,000 and total conversion cost for the month was $430,000. Aco uses the weighted average process costing method
Determine:
cost per equivalent unit of direct material for the month of March
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