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Data concerning a recent periods activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion

Data concerning a recent periods activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units of production in ending work in process 2,160 960 Cost per equivalent unit $14.16 $6.03 ________________________________________ A total of 20,500 units were completed and transferred to the next processing department during the period. Required: Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory. (Round your final answers to the nearest whole dollar amount.) Materials Conversion Total

Cost of ending work in process inventory: Materials__________________ Coversion______________ Total: $0

Cost of units transferred out: Materials__________________ Conversion ____________ Total: $0

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