Homework Answers
Answer:
| Materials | Conversion | |
| Equivalent units in ending work in process | 1130 | 475 |
| Completed and transferred to next department | 7200 | 7200 |
| Cost per equivalent unit | $29.30 | $32.10 |
| Cost of ending work in process inventory |
$33,109 (1130*29.30) |
$15,247.5 (475*32.10) |
| Cost of units completed and transferred out |
$210,960 (7200*29.30) |
$231,120 (7200*32.10) |
Thank you.
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