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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

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 $32,550 of direct materials.

ACCOUNT Work in ProcessForging Department ACCOUNT NO.
Date Item Debit Credit Balance
Debit Credit
Nov. 1 Bal., 3,500 units, 30% completed 35,805
30 Direct materials, 32,000 units 291,200 327,005
30 Direct labor 45,920 372,925
30 Factory overhead 63,424 ? 436,349
30 Goods finished, ? units ?
30 Bal., 2,800 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. $

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