WP + X - C G Homework ch11 Question 4 of 6 6.67 / 10 View Policies Show Attempt History Current Attempt in Progress Blue's is a brand of lotion created specifically for sensitive skin. The company, which goes by the same name, manufactures in small batches so the lotion retains its special qualities. The batch in process on December 31 included 150 units, determined to be 60% complete as to conversion costs. DM costs had already been added, as all DM is added at the very beginning of processing. During January, Blue's started another 2, 100 units, and by January 31, 2, 150 units were completed, leaving 100 units still in process. Units in ending WIP Inventory were 50% complete for conversion costs. The following costs existed or were added to the WIP Inventory account in January. Total Costs DM Conversion Costs Costs in beginning WIP Inventory (from last period) $664 $269 $395 Costs added to WIP Inventory this period 4,211 1,890 2,321 Total costs to account for $4,875 $2,159 $2,716 (a) Your Answer Correct Answer Your answer is correct. Assuming Blue's uses the FIFO method of process costing, complete Steps 1 and 2 of the template to determine the equivalent units of work done during January. Type here to search w 9 6:56 PM 2/27/2023WP + X -> C G Search Google or type a URL - Homework ch11 Question 4 of 6 6.67 / 10 (a) Your Answer Correct Answer Your answer is correct. Assuming Blue's uses the FIFO method of process costing, complete Steps 1 and 2 of the template to determine the equivalent units of work done during January. DM Conversion Cost Total equivalent units of work done this period 2100 2110 e Textbook and Media Solution Attempts: 3 of 3 used (b) Your Answer Correct Answer V Your answer is correct. Type here to search 9 w 6:56 PM 2/27/2023WP + X -> C G Search Google or type a URL - Homework ch11 Question 4 of 6 > 6.67 / 10 (b) Your Answer Correct Answer V Your answer is correct. Complete Steps 3-5 of the template to determine the cost per equivalent unit and to assign DM costs and conversion costs to the physical units of the period. Carefully label the total cost of units completed. (Round cost per equivalent unit answers to 2 decimal places, e.g. 15.25.) DM Conversion Cost Cost per equivalent unit $ 0.90 $ 1.10 Total cost of units completed 4730 Cost of units in ending inventory $ 145 eTextbook and Media Solution Assistance Used Attempts: 3 of 3 used Type here to search 6:56 PM 2/27/2023WP + X -> C G Search Google or type a URL - Homework ch11 Question 4 of 6 6.67 / 10 Cost of units in ending inventory $ 145 e Textbook and Media Solution Assistance Used Attempts: 3 of 3 used (c1) * Your answer is incorrect. What was Blue's total cost of completing one unit of lotion this month? (Round answer to 2 decimal places, e.g. 15.25.) Total cost of completing one unit this month $ 2.00 eTextbook and Media Assistance Used Save for Later Attempts: 2 of 3 used Submit Answer Type here to search W 6:56 PM 2/27/2023