Question: Work in Process Inventory, August 1: 20,000 units Direct materials: 100% complete 80,000 24,000 $104,000 48,000 59,000 Conversion: 20% complete Balance in work in process,

Work in Process Inventory, August 1: 20,000 units Direct materials: 100%

Work in Process Inventory, August 1: 20,000 units Direct materials: 100% complete 80,000 24,000 $104,000 48,000 59,000 Conversion: 20% complete Balance in work in process, August 1 Units started during August Units completed and transferred in August Work in process (70% complete), August 31 Costs charged to Work in Process in August Direct materials Conversion costs: Direct labor Overhead applied 155,000 $115,000 143.000 $258,000 Total conversion Assume materials are added at the start of processing Required a. Calculate the equivalent units for the Forming Department for the month of August. b. Find the cost per equivalent unit of input resource. (Round your answers to 2 decimal places.) irect Conversion Materials a. Equivalent units b. Cost per equivalent unit

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