Cost per equivalent unit in the Blending Department in July is used to determine the cost of the
A : Materials added to production in the Blending Department in July.
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Question & Answer: Cost per equivalent unit in the Blending Department in July is used to determine the cost of the…..
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B : July 1 Work in Process inventory for the Blending Department.
C : Total costs added in the Blending Department during July.
D : July 31 Work in Process inventory in the Blending Department.
correct option is ” D”
Work in process inventory in blending department at july 31.
The cost per equivalent unit is calculated to determine the cost of units completed and transfered out to next department and cost of ending WIP .