Costs per Equivalent Unitand Production Costs

The following information concerns production in the Forging Department for September. 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 $72,050 of direct materials.

ACCOUNTWork in ProcessForging Department	ACCOUNT NO.
Date	Item	Debit	Credit	Balance
Debit	Credit
Sept.	1	Bal., 5,500 units, 60% completed			80,300
	30	Direct materials, 50,000 units	645,000			725,300
	30	Direct labor	55,080			780,380
	30	Factory overhead	76,064		?		856,444
	30	Goods finished,?units			?
	30	Bal., 4,400 units, 60% completed			?

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 September. $

b. Cost of units transferred to the next department during September. $

c. Cost of ending work in process inventory on September 30. $

d. Costs per equivalent unit of direct materials and conversion included in the September 1 beginning work in process. If required, round your answers to two decimal places.

Direct materials cost per equivalent unit	$
Conversion cost per equivalent unit	$

e. The September increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month. If 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		$