In Sheridan Company, total materials costs are $37,600, and total conversion costs are $61.560 for June. Equivalent units of production are materials 10.000 and conversion costs 12.000. (a1) Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, eg. 2.25.) Materials cost per unit Conversion cost per unit

EBK HEALTH ECONOMICS AND POLICY
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Author:Henderson
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Chapter4: Economic Evaluation In Health Care
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In Sheridan Company, total materials costs are $37,600, and total conversion costs are $61.560 for June. Equivalent units of
production are materials 10,000 and conversion costs 12.000.
(a1)
Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, eg. 2.25.)
Materials cost per unit
%24
Conversion cost per unit
%24
Transcribed Image Text:In Sheridan Company, total materials costs are $37,600, and total conversion costs are $61.560 for June. Equivalent units of production are materials 10,000 and conversion costs 12.000. (a1) Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, eg. 2.25.) Materials cost per unit %24 Conversion cost per unit %24
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