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 through materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. . Balance Date Item Debit Credit Debit Credit Nov. 1 Bal., 900 units, 60% completed % 10,566 30 Direct materials, 12,900 units 123,840 134,406 30 Direct labor 21,650 156,056 30 Factory overhead 16,870 172,926 30 Goods transferred, 2 units 7 7 30 Bal., 1,400 units, 70% completed ? a. Determine the number of units transferred to the next department. . 156,546 X 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 9.2 X Cost per equivalent unit of conversion 2.90 x C. Determine the cost of units started and completed in November. $16,380 x Feedback Check My Work a. Assume that the units in beginning inventory would be completed first. How many units were then started and completed during the period? How many units are in ending work in process inventory? b. Determine the cost of materials and conversion. Are the equivalent units the same for materials and conversion? When are materials added in the process? c. In order for a unit to be completed it must be complete with respect to materials and conversion in the process