Oates Company has the following work in process

information.

Production records show that there were $2,000$ units in beginning

work in process inventory that were $50\%$ complete; $8,000$ units started

into production, and $4,500$ units completed and transferred out. The

beginning work in process conversion costs are $$3,150.$ Conversion

costs added during June were $$6,600($$$3,800($labor$)+2,800($MOH$))$

The units in ending work in process inventory were $60\%$ complete as

to conversion costs. Materials are added at the beginning of the

process $(100\%).$

Instructions

Answer the following questions.

$($a$)$ How many units are in process at June $30?$

$($b$)$ What is the unit conversion cost for June?

$($c$)$ What is the total conversion cost in the June $30$ inventory?

$($a$)$ Work in process, June $1$

Started into production

Units to be accounted for

Less: Completed and transferred out

Work in process, June $30$

$($b$)$ Conversion costs Physical Units Equivalent

Units

Conversion Costs

Completed and transferred out

Work in process, June $30(60\%)$

Total equivalent units

Total conversion costs:

Beginning conversion costs $

Added conversion costs $

Total Conversion costs $

Unit conversion cost:

$($c$)$ Total Conversion cost in June $30$ inventory: