a. Based on the data in Exercise 20-11, determine the following: 

1. Cost of beginning work in process inventory completed this period

2. Cost of units transferred to finished goods during the period

3. Cost of ending work in process inventory

4. Cost per unit of the completed beginning work in process inventory, rounded to the nearest cent

b. Did the production costs change from the preceding period? Explain.

c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs per equivalent unit increase, decrease, or remain the same for the current period?

Data from Exercise 20-11,

The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in

Determine the following:

a. The number of units in work in process inventory at the end of the period

b. Equivalent units of production for direct materials and conversion

c. Costs per equivalent unit for direct materials and conversion

d. Cost of the units started and completed during the period

Transcribed Image Text:

Work in Process-Assembly Department Bal., 6,400 units, 40% completed Direct materials, 116,000 units @ $6.25 Direct labor 45,760 To Finished Goods, 119,400 units 725,000 145,160 Factory overhead Bal. 2 units, 25% completed 90,020