Data concerning a recent period$$s activity in the Prep Department, the first processing department in a company that uses process costing, appear below:

Materials Conversion

Equivalent units in ending work in process inventory $2,03\mathrm{0, \; }970$

Cost per equivalent unit $ $15\mathrm{.}56$ $ $4\mathrm{.}73$

A total of $20,900$ units were completed and transferred to the next processing department during the period.

 

 

Required:

$1.$ Compute the cost of ending work in process inventory for materials, conversion, and in total.

$2.$ Compute the cost of the units completed and transferred out for materials, conversion, and in total. i just need $2.$

Answer rating: 100% (QA)

Answer To compute the cost of the units completed and transferred out for materials conversion and i... View the full answer