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Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process The blending department had the following data for the month of
Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process
The blending department had the following data for the month of March:
Units in BWIP | |
Units completed | 21,600 |
Units in EWIP (20% complete) | 2,250 |
Total manufacturing costs | $97,020 |
Required:
1. What is the output in equivalent units for March? fill in the blank 1 equivalent units
2. What is the unit manufacturing cost for March? Note: Round your answer to the nearest cent. $fill in the blank 2per unit
3. Compute the cost of goods transferred out for March. $fill in the blank 3
4. Calculate the value of March's EWIP. $fill in the blank 4
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