Costs per Equivalent Unit and Production Costs

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 $9,000 of direct materials.

Costs por Equivalent Unit and Praduction Costs The following information concerns production in the Forging Department for November All direct materials sre placed into the process at the beginning of production, and conversion costs sre incurred evenly throughout the process. The beginring inventory consists of $9,000 of direct matonals ACCOUNT Work in Debit Credit Debit Credit Nou. 1 Bal.900 units,60%, completed 30 Direct matenals, 12,900 units 30 Direct labor 30 Factory overhead 30 Goods trantferred, 2 units 30 8al.r 1,400 units,70% oompleted 0,556 134,406 155,056 172,92G 123,840 21,650 1G,970 Cost per equivalent units of $9.60 for Direct Materials and $3.00 for Conversion Costs Based on the above data, determine each of the following amounts f required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar. a. Cost of beginning work in process inventory completed in November 11,646 b. Cost of units transferred to the next depertment during November & Cost of ending work in provess inventory on November 30 16,380 d. Costs per equivalent unit of direct materiels and conversion included in the November 1 beginning work in process If required, round your answers to two decimal places Direct matenals cost per equivalent unt Conversion cost per equivalent unit e. The November increase or decrease in costs per equavalent unit for diret materials and conversion from the previous month. Tt required, round your answers to two decimal places. Change in direct matenals cost per equivalent unit Decrease Change in conversion cost per equivslent unit