Work in process, beginning:
Units in process 2,400
Percent complete with respect to materials 75%
Percent complete with respect to conversion 50%
Costs in the beginning inventory:
Materials cost $8,400
Conversion cost $7,200
Units started into production during the month 20,800
Units completed and transferred out 22,200
Costs added to production during the month:
Materials cost $97,400
Conversion cost $129,600
Work in process, ending:
Units in process 1,000
Percent complete with respect to materials 80%
Percent complete with respect to conversion 60%
Part A: Determine the equivalent units of production.
Part B: Determine the costs per equivalent unit.
Part C: Determine the cost of ending work in process inventory.
Part D: Determine the cost of the units transferred to the next department.© BrainMass Inc. brainmass.com June 3, 2020, 10:56 pm ad1c9bdddf
The solution explains how to calculate equivalent units, cost per equivalent unit and the cost of units transferred and in ending inventory.