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# Process Costing

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Sosa Company has the following production data for March: units transferred out 40,000, and ending work in process 5,000 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is \$8 and unit conversion cost is \$15, determine the costs to be assigned to the units transferred out and the units in ending work in process.

Costs to be assigned to the units transferred out: \$

Costs assigned to units in ending work in process:

Work in Process, 3/31
Costs assigned to units in ending work in process:
Materials \$
Conversion costs \$

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#### Solution Preview

Total cost per unit is 8+15=\$23
Total units transferred out are 40,000
Costs to be assigned to the units ...

#### Solution Summary

The solution explains how to determine the cost of units transferred out and the cost of ending inventory.

\$2.49