Instructions

Answer the following questions.

$($a$)$ How many units are in process at June $30?$

$($b$)$ What is the unit conversion cost for June?

$($c$)$ What is the total conversion cost in the June $30$ inventory?

$($a$)$ Work in process, June $1$

Started into production

Units to be accounted for

Less: Completed and transferred out

Work in process, June $30$

$($b$)$ Conversion costs Physical Units

Equivalent Units

Conversion Costs

Completed and transferred out

Work in process, June $30(60\%)$

Total equivalent units

Total conversion costs:

Beginning conversion costs $

Added conversion costs $

Total Conversion costs

$

Unit conversion cost:

$($c$)$ Total Conversion cost in June $30$ inventory: