3. TMM.03.APP 7. BE.03.011 8. BE 03.02.ALGO 9. BE 03.03.ALGO 10. BE.03.04 ALGO 11. BE 03.05 ALGO 12. BE 03.06 ALGO 13. BE 03.07 ALGO 14, BE 03.08 ALGO 15. EX.03.01 16. EX.03.02 17. EX.03.03 ALGO 18. EX.03.05 ALGO 19. EX.03.21 ALGO Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Jabari Steel Company are $1.15 and $0.40, respectively. The equivalent unita to be assigned costs are as follows: Inventory in process, October 1 Started and completed during October Transferred out of Rolling (completed) Inventory in process, October 31 Total units to be assigned costs Equivalent Units Equivalent Units Direct Materials Conversion 2,800 $5,000 55,000 55,000 57,800 7,000 62,000 2,100 $9,900 The beginning work in process inventory on October 1 had a cost of $1,760. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department. Completed and transferred-out production Inventory in process, October 31 Total costs assigned by the Rolling Department x The assumption would be that units that had been in beginning work in process would have been the first units completed in the department How much costs associated with those beginning work in process units? How many units were both started and completed during the period? How much cost is associated with the Progress: 12/19 items Check My Work Assignment Score: 56.8% All work saved. Previous Next> Emal instructor Save and Ex Submit Assignment for Grading