Question: Costs Units Material Conversion Beginning work in process 200 $1,120 $7,488 (90% complete with respect to material) (40% complete with respect to conversion) Started into

Costs

Units

Material

Conversion

Beginning work in process

200

$1,120

$7,488

(90% complete with respect to material)

(40% complete with respect to conversion)

Started into production

15,000

$32,000

$360,000

Transferred out

13,600

Ending work in process

(50% with respect to materials)

(30% with respect to conversion)

1,600

Required (round answers to 2 decimal places)

  1. Calculate the equivalent units of production for materials?
  2. Calculate the equivalent units of production for conversion.
  3. Determine the cost per equivalent unit for materials?
  4. Determine the cost per equivalent unit for conversion?
  5. Determine the cost of units transferred out of the Stitching Department during the period.
  6. Determine the cost of ending work in process inventory in the Stitching Department.

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