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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 $

    Show all work.

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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

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