Cost of Units Completed and in Process

The charges to Work in ProcessAssembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.

Cost of Units Completed and in Process Work in Process-Assembly Department Bal., 3,000 units, 45\% completed Direct materials, 71,000 units @ \$2 Direct labor Factory overhead Bal., ? units, 70% completed 10,455 To Finished Goods, 69,000 units 142,000 179,300 69,725 Cost per equivalent units of $2.00 for Direct Materials and $3.50 for Conversion Costs. a. Based on the above data, determine the different costs listed below. 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.) b. Did the production costs change from the preceding period