Williams Company computed its cost per equivalent unit for direct materials to be $1.50 and its cost per equivalent unit for conversion to be $3.77. A total of 308,000 units of product were completed and transferred out as finished goods during the month, and 23,000 of equivalent units remained unfinished at the end of the month. The amount that should be reported in Finished Goods Inventory is:
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Williams Company computed its cost per equivalent unit for direct materials to be $1.50 and its cost per equivalent unit for conversion to ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Williams Company computed its cost per equivalent unit for direct materials to be $1.50 and its cost per equivalent unit for conversion to be $3.77.