question archive Charlie Chairs? Inc

Charlie Chairs? Inc

Subject:AccountingPrice:2.86 Bought7

Charlie Chairs? Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost? categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.

Data for Department A for February 2017 are?:

Work in? process, beginning? inventory, 30% converted

200 units

Units started during February

?1,000 units

Work in? process, ending inventory

240 units

Costs for Department A for February 2017 are?:

Work in? process, beginning? inventory:

Direct materials

?$150,000

Conversion costs

?$208,000

Direct materials costs added during February

?$606,000

Conversion costs added during February

?$431,000

What is the unit cost per equivalent unit of beginning inventory in Department? A? (Round the final answer to the nearest whole? dollar.)

A.

?$3,735

B.

?$2,717

C.

?$750

D.

?$4,217

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