Match the items below by choosing the appropriate code letter :
-Unit materials cost plus unit conversion cost.
A)Equivalent units of production
B)Total units accounted for
C)Production cost report
D)Units transferred out
E)Weighted average method
F)Physical units
G)Unit production costs
H)Total manufacturing cost per unit

Question

Quizplus · Accepted Answer

This is because the total manufacturing cost per unit is calculated by adding the unit materials cost (the cost of the raw materials used to make a product) to the unit conversion cost (the cost of converting the raw materials into finished goods, which includes labor and overhead expenses). Therefore, the sum of these two costs gives you the total manufacturing cost per unit.

Match the Items Below by Choosing the Appropriate Code Letter