Cost per Equivalent Unit - ACCOUNTING

Cost per Equivalent Unit The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $17,400 of direct materials. ACCOUNT NO. ACCOUNT Work in Process Department -Forging Balance Debit Credit Debit Credit Date Item Nov. 1 Bal., 1,200 units, 60% completed 20,856 124,500 30 Direct materials, 8,300 units 145,356 30 Direct labor 18,950 164,306 30 Factory overhead 20,196 184,502 30 Goods transferred, units 30 Bal., 900 units, 70% completed a. Determine the number of units transferred to the next department. units b. Determine the costs per equivalent unit of direct materials and conversion. If required, round your answer to two decimal places. Cost per equivalent unit of direct materials Cost per equivalent unit of conversion c. Determine the cost of units started and completed in November