Question: Units 59,000 39,000 Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion

1 Conversion cost in work in process inventory, May 1 Units started

into production Units transferred to the next production department Materials cost added

during May Conversion cost added during May Percent Complete Materials Conversion 100%

30% 100% 20% $ 49,600 $ 13,900 253,400 273,400 $ 59,740 $

Units 59,000 39,000 Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Percent Complete Materials Conversion 100% 30% 100% 20% $ 49,600 $ 13,900 253,400 273,400 $ 59,740 $ 199,812 Materials Conversion Equivalent units of production Materials Conversion Cost per equivalent unit Materials Conversion Total Cost of ending work in process inventory Materials Conversion Total Cost of units completed and transferred out Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion and in total for May

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