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:

Line Item Description	Numerical Data
Units in BWIP
Units completed	21,600
Units in EWIP (60% complete)	2,250
Total manufacturing costs	$82,620

Required:

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1. What is the output in equivalent units for March?

2. What is the unit manufacturing cost for March? Round your answer to the nearest cent.

3. Compute the cost of goods transferred out for March.

4. Calculate the value of March's EWIP.

5. The blending department had budgeted 23,000 completed units for March, with an expected EWIP of 2,750, 50% complete. Total manufacturing costs were expected to be $78,000. Repeat Requirements 1 and 2 using the budgeted data and offer some possible reasons why the actual unit cost was different than the expected unit cost for March. Refer to Exhibit 2.2 and identify which data analytic type is being used for this analysis.