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Marigold Company has the following equivalent units of production for July: materials 20000 and conversion...

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Accounting

Marigold Company has the following equivalent units of production for July: materials 20000 and conversion costs 15000. Production cost data are:

Materials

Conversion

Work in process inventory, July 1

 $ 6000 $ 2000

Costs added in July

 46400 40000

The unit production costs for July are:

Materials Conversion Costs
$2.62 $2.80
$2.62 $2.67
$2.32 $2.67
$2.32 $2.80

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