eBook Calculator Cost per Equivalent Unit: Average Cost Method The following information concerns production in the Forging Department for April. The Forging Department uses the average cost method. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item DebitCredit DebitCredit April 1 Bal., 1,800 units, 40% completed 30 Direct materials, 41,600 units 30 Direct labor 30 Factory overhead 30 Goods transferred, 41,300 units 30 Bal., 2,100 units, 60% completed 6,940 260,700 367,200 425,600 253,760 106,500 58,400 a. Determine the cost per equivalent unit. Round your answer to the nearest cent. 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