Please help me with these 2 questions below. Please round per unit calculations to the...
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Please help me with these 2 questions below. Please round per unit calculations to the nearest $0.01 and round balances and transfer amounts to the nearest $1.00. Thank you.
Dextrose Special Teas uses process costing to account for costs in the manufacture of its freshbrewed iced tea that it sells in pint bottles. The following information applies to operations for the month of November. The beginning inventory was 80% complete as to materials and 60% complete as to conversion costs. The ending inventory was 100% complete as to materials and 30% complete as to conversion costs. Round per unit calculations to the nearest $0.001 and round balances and transferred amounts to the nearest $1.00. Assume that $384k of materials and $666k of conversion costs are added during the period. Determine the weighted average cost of materials per equivalent unit. Round to the nearest $0.001 Question 5 Assume that $384k of materials and $666k of conversion costs are added during the period. Determine the weighted average cost of conversion per equivalent unit. Round to the nearest $0.001
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