EQUIVALENT UNITS, UNIT COST, VALUATION OF GOODS TRANSFERRED OUT AND ENDING WORK IN PROCESS The mixing department had the following data for the month of December:

Units in BWIP —

Units completed 5,850 Units in EWIP (30 percent complete) 500 Total manufacturing costs $3,900 Required:

. What is the output in equivalent units for December?

. What is the unit manufacturing cost for December?

. Calculate the cost of goods transferred out for December.

. Calculate the value of December’s EWIP.

Exercise