Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Filling Department of Ivy Cosmetics Company are $2.65 and $1.15, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion 0 3,800 63,000 66,800 3,200 70,000 Inventory in process, beginning of period Started and completed during the period Transferred out of Filling (completed) Inventory in process, end of period Total units to be assigned costs The beginning work in process inventory had a cost of $2,130. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar. Completed and transferred out of production Inventory in process, ending 63,000 63,000 8,000 71,000 248,140 X 24,880

Cost of Units Transterred Out and Ending Work in Process The costs per equivaient unit of direct materials and comversion in the Filling Department of Ivy Cosmetics Company are 52 .65 and 51.15, respectively. The ecuivalent. units to be assigned costs are as follows: The beginning work in process inventory had a cost of $2,130. Determine the cost of completed and transferted-out production-and the ending work in process inveitoy