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1B-Data concerning a recent period's activity in the Prep Department, the nurse processing department in a company that uses process costing, appear below: (4 marks)
1B-Data concerning a recent period's activity in the Prep Department, the nurse processing department in a company that uses process costing, appear below: (4 marks) Materials Conversion 800 $1.43 2,000 $13.88 Equivalent units of production in ending work in process.... Cost per equivalent unit ........... A total of 20,100 units were completed and transferred to the next processing department during the period. Required: Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory. 2
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