EX 20-11 Equivalent units of production and related costs The charges to Work in Process Assembly Department for a period, together with infor mation concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process- Assembly Department Bal., 5,000 units, 35% completed 10,475 To Finished Goods, 105,500 units Direct materials, 108,000 units @ $1.50 162,000 Direct labor 145,300 Factory overhead 47,525 Bal.? units, 45% completed Determine the following: a. The number of units in work in process inventory at the end of the period. b. Equivalent units of production for direct materials and conversion C. Costs per equivalent unit for direct materials and conversion d. Cost of the units started and completed during the period. a. Units in process at beginning of period Units placed in production during period Less units finished during period Units in process at beginning of period Percent Completed This Period Equivalent Units Direct Materials Conversion Whole Units 1 Inventory in process, beginning Started and completed Transferred to finished goods Inventory in process, ending Total units o N Costs Direct Materials Conversion c o Total costs for period in Assembly Department Divided by total equivalent units (from above) Cost per equivalent unit oo oo d. Cost of the units started and completed during the period: Direct materials unit cost Conversion unit cost Total unit cost x Units started and completed Cost of units started and completed