Golding€™s finishing department had the following data for July:

Required:
1. Calculate unit costs for the following categories: transferred- in, materials, and conversion.
2. Calculate total unit cost.

Transcribed Image Text:

Transferred-in Materials Conversion Units transferred out Units in EWIP 60,000 15,000 75,000 60,000 60,000 9,000 69,000 15,000 Equivalent units Costs: Work in process, July 1 Transferredin from fabricating Materials Conversion costs $2,100 1,500 3,000 6,6 Total Current costs: Transferredin from fabricating Materials Conversion costs $30,900 22,500 45,300 $98,700 Total