Dumn Electronic Manufacturing Company makes low-cost calculators. The following information is avaliable for January 2016:

Units Percent Complete Cost

Beg WIP inventory 700 40% 224

End WIP inventory 900 60% ?

Units completed 12,000 calculators

Manufacuturing Cosst for January 2016 is $10,659.

a what is the number of equivalent units of production for Jan 2016.

b what is the cost per equivalent unit

c what is the cost of the 900 calculators in the ending WIP

d what is the cost of the calculators that were completed during January

e if 11,000 of the completed calculators were sold for $1.12 each, what is the gross profit?

f 1)do you think there is a benefit for Dumn's manager to know the cost of calulators that are in ending wip? Explain

2) where do you think the cost of enind inventory apperar on the financial statements

3) Do you think there is a benefit for Dumn's managerto know the cost of calculators completed during January? Explain

4) wher would the cost of the 11,000 sold calculators be found on the financial statements

5) where would the cost of the calculators that were completed, but not yet sold be found on the financila statements?