Question

The cost of energy consumed in producing good units in the Steaming Department of Apple Processing Company was $8,600 and $8,820 for June and July, respectively. The number of equivalent units produced in June and July was 65,000 and 72,000 liters, respectively. What is the cost of energy for the two months (rounded to the nearest cent)

Answer 1

The answer is $0.13 and $0.12 for June and July, respectively

Step-by-step explanation:

Cost per unit for June= $8,600/ 65000= $0.13

Cost per unit for July= $8,820/ 72,000= $0.12