Answer and Explanation:
a. the equivalent units of production
Material Conversion cost
Unit completed and
transferred out 20,700 20,700
Ending Work in progress 480 180
(600 × 80%
) (600 × 30%
)
Equivalent unit 21,180 20,880
b.The costs per equivalent unit
Material Conversion cost
Beginning
work in progress 342 2,394
Cost added $44,136 $546,750
Total cost $44,478 $549,144
Equivalent unit 21,180 20,880
Cost per unit $2.1 $26.3
c. The cost of ending work in process inventory
Material Conversion cost Total cost
Ending
work in progress 1,008 4,734 5,742
(600 × 80% × $2.1) (600 × 30% × 26.3
)
d. The cost of the units transferred to the next department
Material Conversion cost Total cost
Unit completed and
transferred 43,470 544,410 587,880
(20700 × $2.1
) (20700 × $26.3
)
