Cost per Equivalent Unit: Average Cost Method

The following information concerns production in the Forging Department for June. The Forging Department uses the

average cost method.

ACCOUNT Work in Process$-$Forging Department

ACCOUNT NO$.$

a$.$ Determine the cost per equivalent unit. Round your answer to the nearest cent.

$

$x$ per equivalent unit

b$.$ Determine the cost of the units transferred to Finished Goods.

$

C$.$ Determine the cost of units in ending Work in Process.

$