The following data (and annotations) are related to the June 2019 charges appearing in the work-in-process account for Sutter Company's first processing department:

Sutter uses the FIFO method. Direct materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Ending work-in-process totals 900 units, 70% complete. Compute the following:

a. Equivalent units for direct materials and conversion costs.

b. Cost per equivalent unit for direct materials and conversion costs.

c. Total cost assigned to the units transferred out.

Transcribed Image Text:

Beginning inventory (700 units, 40% complete) Direct materials... Conversion costs Current period Direct materials (5,000 units) Direct labor.. Manufacturing overhead applied. $ 5,780 5,000 50,000 59,600 22,800