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Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process The blending department had the fo
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Answer #1

1.

Output in equivalent units = Units completed + (2,250 * 10%)

= 21,600 + 225

= 21,825

2.

Cost per equivalent unit = Total manufacturing cost / Output

= $87,300 / 21,825

= $4

3.

Cost of goods transferred = Cost per equivalent unit * units completed

= $4 * 21,600

= $86,400

4.

Value of EWIP = Cost per equivalent unit * 225 units

= $4 * 225

= $900

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