Costs from Beginning Inventory Costs from Current Period Direct materials $5,100 $25,200
Conversion costs $5,300 143,700

At the beginning of the period, there were 400 units in process that were 45% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 5,200 units were started and completed. Ending inventory contained 300 units that were 35% complete as to conversion costs and 100% complete as to materials costs. Assume that the company uses the FIFO cost flow method. The cost of completing a unit during the current period was:

$30.59

Explanation:

Note that the FIFO method is used for this question

Equivalent Units

Materials =  5,200 x 100 % + 300 x 100 % = 5,500

Conversion Costs = 400 x 55 % + 5,200 x 100 % + 300 x 35 % = 5,525

Total Costs

Materials =  $25,200

Conversion Costs = $143,700

Cost per Equivalent unit

Materials =  $25,200/5,500 =  $4.58

Conversion Costs = $143,700/5,525 = $26.01

Total Cost = $4.58 + $26.01 = $30.59

Conclusion

The cost of completing a unit during the current period was $30.59

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer; 33,000;