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 ProcessForging Department ACCOUNT NO.

Date	Item	Debit	Credit	Balance Debit	Balance 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, ? 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 fill in the blank 1 of 1$

b. Cost of units transferred to the next department during June fill in the blank 1 of 1$

c. Cost of ending work in process inventory on June 30 fill in the blank 1 of 1$

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 places.) Direct materials cost per equivalent unit fill in the blank 1 of 2$ Conversion cost per equivalent unit fill in the blank 2 of 2$

e. The June increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month (May) (If required, round your answers to two decimal places.)

	Increase or Decrease	Amount
Change in direct materials cost per equivalent unit	fill in the blank 1 of 4 DecreaseIncrease	fill in the blank 2 of 4$
Change in conversion cost per equivalent unit	fill in the blank 3 of 4 DecreaseIncrease	fill in the blank 4 of 4$