EX 17-11 Equivalent units of production and related costs Obj. 2 The charges to Work in Process Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 9,000 units, 40% completed Direct materials, 40,000 units @ $6.80 Direct labor 72,360 To Finished Goods, 41,500 units 272,000 80,000 Factory overhead 40,450 Bal., 2 units, 30% completed ? Determine the following: a. The number of units in work in process inventory at the end of the period b. Equivalent units of production for direct materials and conversion c. Costs per equivalent unit for direct materials and conversion d. Cost of the units started and completed during the period Obj. 2,4 EX 17-12 Cost of units completed and in process a. Based on the data in Exercise 17-11, determine the following: 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory Did the production costs change from the preceding period? Explain. b. c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs per equivalent unit increase, decrease, or remain the same for the current period? Obj.2