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Dita Company uses a process costing system. The following information relates to one month's activity in the company's Curing Department: Units Conversion Percentage Complete Beginning

Dita Company uses a process costing system. The following information relates to one month's activity in the company's Curing Department:

Units

Conversion Percentage Complete

Beginning work in process inventory

10,000

20%

Units started

21,000

Units completed and transferred out

24,000

Ending work in process inventory

5,000

80%

The conversion cost of the beginning inventory was $5,000. During the month, $100,000 in additional conversion cost was incurred.

Assume that the company uses the weighted-average cost method

Required:

Compute the following: (Round to 3 decimals)

a. The equivalent units of production for conversion for the month.

b. The cost per equivalent unit for conversion for the month.

c. The total cost transferred out during the month.

d. The cost assigned to the ending work-in-process inventory.

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