Costs per Equivalent Unit and Production Costs 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 $18,000 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Balance Date Item. Debit Credit Debit Credit June 1 Bal, 1,800 units, 60% completed 21,132 30 Direct materials, 25,800 units 247,680 268,812 30 Direct labor 43,300 312,112 30 Factory overhead 33,740 345,852 30 Goods transferred, 2 units 30 Bal, 2,800 units, 70% completed 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. If 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 June b. Cost of units transferred to the next department during June 313,092 Cost of ending work in process inventory on June 30 32,760 d. Costs per equivalent unit of direct materials and conversion included in the June 1 beginning work in process (If required, round your answers to two decimal 313,092 c. Cost of ending work in process inventory on June 30 32,760 d. Costs per equivalent unit of direct materials and conversion included in the June 1 beginning work in process (If required, places.) Direct materials cost per equivalent unit $ Conversion cost per equivalent unit $ 10.00 x e. The June increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month (May) two decimal places.) Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit Feedback Increase or Decrease Decrease Increase Amount x X Check My Work a. How much more (percentage amount) needed to be done to the beginning work in process units to make the units to com