The inventory at June 1 and costs charged to Work in Process-Department 60 during June are...

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The inventory at June 1 and costs charged to Work in Process-Department 60 during June are as follows: 3,800 units, 80% compl c. Total and unit cost of finished goods completed in the current period. Unit cost of finished goods completed: A Total cost

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Answer 1

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Answer #1

a) Equivalent unit of conversion cost = 4600*40% = 1840

b) Cost per equivalent unit of material = (25000+368000)/35800 = 10.98

Cost per equivalent unit of conversion = 467400/33040 = 14.15

c) Unit cost of finished goods completed = 10.98+14.15 = 25.13

Cost of unit transferred out = 31200*25.13 = 784056

d) Cost of ending WIP = (4600*10.98+1840*14.15) = 76544

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Answer 2

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The inventory at June 1 and costs charged to Work in Process-Department 60 during June are...

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