Question
Morgan Company reported the following data for the operations of its Mixing Department for the month of July. Costs Units Material Conversion Beginning work in
Morgan Company reported the following data for the operations of its Mixing Department for the month of July.
Costs
Units Material Conversion
Beginning work in process 200 $1,120 $7,488
(90% complete with respect to material)
(40% complete with respect to conversion)
Started into production 15,000 $32,000 $360,000
Transferred out 13,600
Ending work in process 1,600
(50% with respect to materials)
(30% with respect to conversion)
a. Calculate the equivalent units of production for materials and conversion costs.
b. Determine the cost per equivalent unit for materials and conversion costs.
c. Determine the cost of units transferred out of the Mixing Department during the period.
d. Determine the cost of ending work in process inventory in the Mixing Department.
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