Costs per Equivalent Unit and Production Costs The following information concerns production in the Forging Department for June. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $18 , 000 of direct materiais. Cost per equivalent units of $9.60 for Direct Materials and $3.00 for Conversion Costs. Based on the above data, determine each of the following amounts. If required, round your interim calculations to two decimal places. Aound final answers (a- c) to the nearest dollar. a. Cost of beginaing work in process inventory completed in June x b. Cost of units bransferred to the next department during June c. Cost of ending work in process imentery on June 30 d. Costs per equivalent unit of diect materials and conversion included in the June 1 beginning work in process (tf required, round your answers to two decimal Based on the above data, determine each of the following amounts. If required, round your interim calculations to two decimal places. Round final answers (a. c) to the nearest dollar. a. Cost of beginning work in process inventory completed in June x b. Cost of units transferred to the next department during June c. Cost of ending work in process inventory on June 30 d. Costs per equivalent unit of direct materials and conversion included in the June 1 beginning work in process (If required, round your answers to two decimal places.) Direct matenals cont per equivalent unit $ Conversion cost per equivalent unit s C. The June increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month (May) (If required, round your answers to two decimal places.) f esentan Denck 10, ware How much more (percentege amount) needed to be done to the beginning work in process units to make the units to complete to transfer to the next.
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Costs per Equivalent Unit and Production Costs The following informati.docx
1. Costs per Equivalent Unit and Production Costs The following information concerns production
in the Forging Department for June. All direct materials are placed into the process at the
beginning of production, and conversion costs are incurred evenly throughout the process. The
beginning inventory consists of $18 , 000 of direct materiais. Cost per equivalent units of $9.60
for Direct Materials and $3.00 for Conversion Costs. Based on the above data, determine each of
the following amounts. If required, round your interim calculations to two decimal places. Aound
final answers (a- c) to the nearest dollar. a. Cost of beginaing work in process inventory
completed in June x b. Cost of units bransferred to the next department during June c. Cost of
ending work in process imentery on June 30 d. Costs per equivalent unit of diect materials and
conversion included in the June 1 beginning work in process (tf required, round your answers to
two decimal Based on the above data, determine each of the following amounts. If required,
round your interim calculations to two decimal places. Round final answers (a. c) to the nearest
dollar. a. Cost of beginning work in process inventory completed in June x b. Cost of units
transferred to the next department during June c. Cost of ending work in process inventory on
June 30 d. Costs per equivalent unit of direct materials and conversion included in the June 1
beginning work in process (If required, round your answers to two decimal places.) Direct
matenals cont per equivalent unit $ Conversion cost per equivalent unit s C. The June increase or
decrease in costs per equivalent unit for direct materials and conversion from the previous month
(May) (If required, round your answers to two decimal places.) f esentan Denck 10, ware How
much more (percentege amount) needed to be done to the beginning work in process units to
make the units to complete to transfer to the next.
