Micro Motors Inc. has two production departments. Finishing had 2,000 units in process at the beginning of the period, three-fifths complete. During the period, 14,000 units were received from Assembly, 13,000 units were transferred to the finished goods store-room, and 3,000 units were in process at the end of the period, two-thirds complete. The cost of the beginning work in process was:
Cost in Assembly. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $12,000
Cost in Finishing:
Materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600
Labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,500
Factory overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900
The costs during the month were:
Cost of goods received from Assembly. . . . . . . . . . . . $84,000
Cost in Finishing:
Materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,800
Labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000
Factory overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,600
a. Determine the unit cost for the month in Finishing.
b. Determine the total cost of the products transferred to finished goods.
c. Determine the total cost of the ending work in process inventory.