On September 1: No beginning Wip

During September:

Units Started: 12,000

Direct Material Costs = $50,000

Conversion costs = $70,000

On September 30: Total Units completed = 11,200

Normal spoilage = 300 units

Abnormal spoilage = 1,100 units

Ending inventories = 800 units

Direct materials = 100% complete

Conversion costs = 40% complete

Answer the following 4 questions:

5 pts. Using the weighted average method, how many physical units were transfered to finished goods?

5 pts. What is the equivilent unit cost of Direct Materials?

5 pts. What is the equivilent unit cost of Conversion costs?

5 pts. What is the cost of ending inventory?