Cost per Equivalent Unit The following information concerns production in the Forging Department for June. 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 $48,280 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Balance Date Item June 1 Bal., 3,400 units, 50% completed Debit Credit Debit Credit 54,740 30 Direct materials, 31,000 units 430,900 485,640 30 Direct labor 30 Factory overhead 51,990 537,430 71,528 608,958 30 Goods transferred, 2 units 30 Bal., 2,700 units, 60% completed a. Determine the number of units transferred to the next department. 317,000 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 i Cost per equivalent unit of conversion s c. Determine the cost of units started and completed in June.