P&G toothpaste divisions use process costing to track its costs in two departments:

Month Ended July 31 - The Forming Department Beginning work in process, July 1 --- 6,000 units Started into production during July --- 18,000 units Completed and transferred to Finished Department during July --- 16,000 units Ending work in process, July 31--- 8,000 units (30% complete as to direct materials and 40% complete as to conversion costs)

a) Calculate the equivalent units for direct materials and conversion costs

b) Calculate the cost per equivalent unit for direct materials and conversion costs.

Beginning work in process as of July 1 -- $14,500 = $5,000 of direct materials costs and $9,500 of conversion costs Direct materials used in July --- $27,936 Conversion costs incurred in July --- $34,350

c) The month-end journal entry for inventory completed and sent to Finishing is:

Dr. WIP - Finishing $________ Cr. WIP - Forming $________