#14

Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Direct Materials 50,000 Conversion 50,000 Equivalent Units of Production Units Completed and transferred out Units in Ending Work in Process: Direct Materials (15,000 * 100%) Conversion (15,000 * 80%) Equivalent Units of Production 15,000 12,000 62,000 65,000 Cost per Equivalent Unit Costs of beginning work in process Costs incurred this period Total costs Cost per equivalent unit $ 40,500 136,000 $176,500 $ 2.71 per EUP $ 59,700 183,100 $242,800 $ 3.92 per EUP The total conversion costs transferred out of the Canning Department equals