Question: Exercise 4-4 Applying Costs to Units-Weighted-Average Method [LO4] Data concerning a recent period?s activity in the Prep Department, the first processing department in a company

Exercise 4-4 Applying Costs to Units-Weighted-Average Method [LO4] Data concerning a

Exercise 4-4 Applying Costs to Units-Weighted-Average Method [LO4] Data concerning a recent period?s activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units of production in ending work in process 2,170 990 Cost per equivalent unit $14.66 $5.83 A total of 20,800 units were completed and transferred to the next processing department during the period. Required: Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory. Cost of units transferred out Cost of ending work in process inventory

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