Cost per Equivalent Unit costs are incurred evenly throughout the process. The beginning inventory consists of $$55,000$ of direct materials.

ACCOUNT Work in Process$-$Forging Department

$\backslash$table$[[$Date Item,Debit,ACCOUNT NO$.],[$June $1$ Bal., $4,400$ units, $60\%$ completed,$\backslash$table$[[$Balance$],[$Debit$]],\backslash$table$[[$Balance$],[$Credit$]]],[30$ Direct materials, $40,000$ units,$492,000,64,240],[$D Direct labor,$61,550,556,240],[30$ Factory overhead,$85,006,617,790],[30$ Goods transferred, $?$ units,$702,796,],[30$ Bal., $3,500$ units, $70\%$ completed,?,?