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Badgersize Company has the following information for its Forming Department for the month of August: Work in Process Inventory, August 1: 20,000 units Direct materials:

Badgersize Company has the following information for its Forming Department for the month of August:

Work in Process Inventory, August 1: 20,000 units
Direct materials: 100% complete $ 80,000
Conversion: 20% complete 24,000


Balance in work in process, August 1 $ 104,000
Units started during August 53,000
Units completed and transferred in August 56,000
Work in process (70% complete), August 31 ?
Costs charged to Work in Process in August
Direct materials $ 127,000
Conversion costs:
Direct labor $ 122,000
Overhead applied 144,000


Total conversion $ 266,000





Assume materials are added at the start of processing.

a.

Calculate the equivalent units for the Forming Department for the month of August.

Direct materials Conversion
Equivalent units

b.

Find the cost per equivalent unit of the transferred units. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)

Direct materials Conversion
Cost per equivalent unit $ $

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