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Data concerning a recent period's activity in the Prep Department, the rst processing department in a company that uses process costing, appear below: Materials Conversion

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Data concerning a recent period's activity in the Prep Department, the rst processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units in ending work in process inventory 2,000 300 Cost per equivalent unit 5 13,86 5 4.43 A total of 20,100 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 ofthe units completed and transferred out for materials, conversion, and in total. Cost of ending work in process inventory 2. Cost of units transferred out

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