1) Equivalent Units of Materials Cost

The Rolling Department of Oak Ridge Steel Company had 300 tons in beginning work in process inventory (25% complete) on July 1. During July, 2,200 tons were completed. The ending work in process inventory on July 31 was 500 tons (40% complete).

What are the total equivalent units for direct materials for July if materials are added at the beginning of the process? units

2) Georgia Products Inc. completed and transferred 223,000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in-process inventory was 19,000 units, which were 1/2 complete as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred was $653,400, direct labor cost incurred was $282,490, and factory overhead applied was $66,260.

Determine the following for the Pressing Department. Round "cost per equivalent unit" answers to the nearest cent.

a. Total conversion cost $ b. Conversion cost per equivalent unit $ c. Direct materials cost per equivalent unit $ 3)

Cost of Units Completed and in Process

The charges to Work in ProcessAssembly 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 ProcessAssembly Department
Bal., 8,000 units, 35% completed	20,880	To Finished Goods, 184,000 units	?
Direct materials, 188,000 units @ $1.7	319,600
Direct labor	373,800
Factory overhead	145,320
Bal. ? units, 35% completed	?

Cost per equivalent units of $1.70 for Direct Materials and $2.80 for Conversion Costs.

a. Based on the above data, determine the different costs listed below.

If required, round your interim calculations to two decimal places.

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, rounded to the nearest cent.	$

b. Did the production costs change from the preceding period?

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?