Equivalent Units of Conversion Costs The Filling Department of Ivy Cosmetics Company had 3,900 ounces in beginning work in process inventory (90% complete). During the period, 64,200 ounces were completed. The ending work in process inventory was 5,800 ounces (10% complete). What are the total equivalent units for conversion costs? 64,780 x units Feedback Check My Work Are you determining the equivalent units of materials added or of conversion of materials? When would materials typically be added in the process? When would conversion of these materials take place? Recall the definition of work in process Cost per Equivalent Unit The cost of direct materiais transferred into the Filing Department of Ivy Cosmetics Company is $146,320. The conversion cost for the period in the Filing Department is $218,530. The total equivalent units for direct materials and conversion are 47,200 ounces and 53,300 ounces, respectively Determine the direct materials and conversion costs per equivalent unit. If required, round to the nearest cent. Direct materials cost per equivalent unit: per ounce Conversion costs per equivalent unit: per ounce Using Process Costs For Decision Making The costs of energy consumed in producing good units in the Baking Department of Victor Company were $15.676 and $16.950 for June and July, respectively. The number of equivalent units produced in June and July was 64,400 pounds, and 67,800 pounds, respectively. Evaluate the change in the cost of energy between the two months Round all answers to the nearest whole cent. Energy cost per pound, June Energy cost per pound, July 5 The cost of energy has appeared to per pound between June and July