Cost of making of aplet Data table - X rst answer Direct Materials Conversion Costs Cost per equivalent unit: $ 4.60 $ 3.75 WO ator Print Done fost. Conversion Costs Total Tabor Industries produces its product using a single production process. For the month of May. Tabor Industries determined its cost per equivalent unit to be as follows E (Click the icon to view the costs per equivalent unit.) Requirements 1. Determine the total cost that should be assigned to the following a. Units completed and transferred out b. Units in ending work in process inventory 2. What was the total costs accounted for? 3. What was Tabor's average cost of making one unit of its product? During the month Tabor completed and transferred out 450,000 units to finished goods inventory At month-end 84.000 partially complete units remained in ending work in process inventory. These partially completed units were equal to 78.000 equivalent units of direct materials and 68.000 equivalent units of conversion costs Requirement 1a. Determine the total costs that should be assigned to the units completed and transferred out (Enter the number of units completed and transferred out in the first answer box. Enter the amounts for direct materials and conversion costs to the nearest cent and total to the nearest dollar.) Tabor Industries Assignment of Costs Direct Materials Assign costs Total Conversion Costs Completed and transferred out Requirement 16. Determine the costs that should be assigned to the units in ending work in process inventory For each category of costs enter the number of units in ending work in process inventory in the first answer box then enter the applicable cost amount and finally calculate the total cost Tabor Industries Assignment of Costs Direct Materials Units Cost Conversion Costs Total Assign costs Units Cost . Ending work in process inventory Direct materials Conversion costs Time Remaining:02 25 26 Un conversion costs. equivalent units of 2. What was the total costs acco 3. What was Tabor's average cos Corrigleted enduransferred out Requirement 1b. Determine the costs that should be assigned to the units in ending work in process inventory. For each category of costs, enter the number of units in ending work in process inventory in the first answer box, then enter the applicable cost amount and finally calculate the tota Tabor Industries Assignment of Costs Assign cose Direct Materials Conversion Costs Total Units Cost Units Cost b. Ending work in process inventory: Direct materials Conversion costs X Total cost of ending work in process inventory Requirement 2. What was the total costs accounted for? (Round your answer to the nearest dollar.) The total costs accounted for are $ Requirement 3. What was Tabor's average cost of making one unit of its product? (Round your answer to the nearest cent.) Tabor's cost of making one unit is $0
