The following information concerns production in the Forging Department for June. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $86,250 of direct materials.

a. Determine the number of units transferred to the next department.b. Determine the costs per equivalent unit of direct materials and conversion.c. Determine the cost of units started and completed inJune.

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ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Debit Credit Credit Debit Date Item June 1 Bal, 7,500 units, 60% completed 30 Direct materials, 68,000 units 30 Direct labor 30 Factory overhead 30 Goods transferred, 2 units 30 Bal., 6,000 units, 70% compieted 98,850 860,450 943,830 1,061,130 761,600 83,380 117,300