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 $100,430 of direct materials.

ACCOUNT Work in ProcessForging DepartmentACCOUNT NO.

DateItemDebitCreditBalance

DebitCredit

Nov.1Bal., 8,300 units, 70% completed 115,536

30Direct materials, 76,000 units896,800 1,012,336

30Direct labor88,260 1,100,596

30Factory overhead121,881 ? 1,222,477

30Goods finished, ? units ?

30Bal., 6,600 units, 90% 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. $