Computing cost of units transferred out and units in ending work in process [5 min] Ref...

Computing cost of units transferred out and units in ending work in process [5 min]

Refer to S16A-3 and S16A-4. Use Best Foods’ costs per equivalent unit for direct materials and conversion costs that you calculated in S16A-4.

Requirement

1. Calculate the cost of the 26,000 units completed and transferred out and the 26,000 units, 25% complete, in the Ending work in process inventory.