Equivalent Units

Direct Materials Equivalent Units

Conversion

Inventory in process, October $103,100$

Started and completed during October $51,00051,000$

Transferred out of Rolling $($completed$)51,00054,100$

Inventory in process, October $315,0002,500$

Total units to be assigned costs $56,00056,600$

The beginning work in process inventory on October $1$ had a cost of $$1,830.$ Determine the cost of completed and transferred$-$out production, the ending work in process inventory, and the total costs assigned by the Rolling Department.

Line Item Description Amount

Completed and transferred$-$out production $fill in the blank $1$

Inventory in process, October $31$ $fill in the blank $2$

Total costs assigned by the Rolling Department $fill in the blank $3$