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Benson Company had 200 units of product in work in process inventory at the beginning of the period. It started 1,500 units during the period
Benson Company had 200 units of product in work in process inventory at the beginning of the period. It started 1,500 units during the period and transferred 1,400 units to finished goods inventory. The ending work in process inventory was estimated to be 50 percent complete. Cost data for the period follow: Product Costs 43,700 58,600 Beginning balance Added during period Total $102,300 Required a. Calculate the number of equivalent units of production b. Calculate the product cost per equivalent unit. c. Calculate the total cost allocated between ending work in process inventory and finished goods inventory. Complete this question by entering your answers in the tabs below Req A and B Req C Calculate the total cost allocated between ending work in process inventory and finished goods inventory. (Round intermediate calculations to 2 decimal places.) Cost Allocation To finished goods To ending work-in-process inventory Total allocated cost
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