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.

ACCOUNT Work in ProcessForging Department ACCOUNT NO.

Date Item Debit Credit Balance

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, ? units ? ?

30 Bal., 1,400 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.

Choru Unt and Producten Conte The following information concerns production in the Forging Department for Never A direct more loc into the process at the beginning of production and conversion costs are curred evenly throughout the process. The beginning inventory consists of $5,000 of direct materials ACCOUNT Work in Process-Forging Department ACCOUNT NO. Date Balance Item Debat Credit Debit Credit Nov. 13,90 units, 60% completed 10,566 30 Dract material, 12,900 units 123,040 134,06 30 Drectibor 21,650 156,056 30 Factory overhead 16,870 172,026 30 Goods transferred, 2 units 7 ? 30 al, 1,400 unts, 70% completed Coster unit of $9.60 for Direct Material and $3.00 for conversion cout Based on the above data determine each of the following amounts If required, round your interim calculations to two decimal places. Round in answer to the newest . Cont of being work in process inventary completed in November b. Cost of units transferred to the next department during November Cost of ending work in process inventory on November 10 d. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. It required, round your answers to two decimal places Direct materials cost per equivalent ont Conversion cost per equivalent unit o. The November increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month. # required, round your answers to two decimal places Increase or Decrease Amount Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit