Question: The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $1.00 and $0.60, respectively. The equivalent
The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $1.00 and $0.60, respectively. The equivalent units to be assigned costs are as follows:
| Equivalent Units | ||||
| Direct Materials | Conversion | |||
| Inventory in process, beginning of period | 0 | 3,100 | ||
| Started and completed during the period | 52,000 | 52,000 | ||
| Transferred out of Filling (completed) | 52,000 | 55,100 | ||
| Inventory in process, end of period | 4,000 | 2,400 | ||
| Total units to be assigned costs | 56,000 | 57,500 | ||
The beginning work in process inventory had a cost of $2,200. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar.
| Completed and transferred-out production | $ |
| Inventory in process, ending | $ |
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