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Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units Complete 2,500 100% Complete 25% 6,500
Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units Complete 2,500 100% Complete 25% 6,500 7,500 1,500 100% 60% Work in Process Inventory-Bending ($) Debit Beginning balance Direct materials Direct labor Overhead Ending balance 5,000 7,900 0 15,960 Credit ? Transferred out a. Compute equivalent units of production for both direct materials and conversion. b. Compute cost per equivalent unit of production for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute equivalent units of production for both direct materials and conversion. Equivalent units of production: Weighted average Completed and transferred out Ending work in process Direct Materials Conversion Units Percent Complete Percent EUP EUP Complete 7,500 1,500 100% 7,500 100% 7,500 100% 1,500 60% 900 9,000 8,400 < Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute cost per equivalent unit of production for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) Cost per equivalent unit of production: Weighted average Costs of beginning work in process Costs added this period Total costs + Equivalent units of production Cost per equivalent unit of production Direct Materials $ 5,000 Conversion < Required A Required C > Complete this question by entering your answers in the tabs below. Required A Required B Required C Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost assignment-Weighted average EUP Cost per EUP Total cost Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for 7,900 $ 0
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