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I am not sure if any of this is correct UNITS Beginning Work-in-Process Inventory Transferred in from Assembling Department during the period 1,900 units 6,500

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UNITS Beginning Work-in-Process Inventory Transferred in from Assembling Department during the period 1,900 units 6,500 units 4,300 units Completed during the period 4,100 units Ending Work-in-Process Inventory (40% complete for conversion work) COSTS Beginning Work-in-Process Inventory (transferred in costs, $96,000; conversion cost, $15,000) $ 111,000 Transferred in from the Assembly Department during the period Conversion costs added during the period 660,000 38,460 Equivaleht Uhits Physical Units Transferred In Direct Materials Conversion Costs UNITS Units to account for: Beginning work-in-process 1900 6500 Transferred in 8400 Total units to account for Units accounted for: Completed and transferred out 4300 4300 n/a 4300 Units accounted for: Completed and transferred out 4300 4300 n/a 4300 | Ending work-in-process N 4100 4100 n/a 1640 8400 8400 n/a 5940 Total units accounted for Transferred Direct Conversion Total Materials Costs Costs COSTS Costs to account for: Transferred Direct Conversion Total In Materials Costs Costs COSTS Costs to account for: Beginning work-in-process 96000 16800|| 111000 n/a n/a Costs added during the period 660000 38460 756000 n/a 55260 Total costs to account for Divided by: Total EUP 8400 n/a 5940 90 n/a Cost per equivalent unit 9.30 Costs accounted for: Completed and transferred out n/a n/a Ending work-in-process n/a Total costs accounted for Requirement 2. What is the cost per unit for lifts completed and transferred out to Finished Goods Inventory? Why would management be interested in this cost? The cost per unit for lifts completed and transferred out to Finished Goods Inventory is $ per lift

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