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Production data for the month of September was: 15,000 units Completed and Transferred out 5,600 partially complete units in Ending Inventory, which were 60% complete
Production data for the month of September was: 15,000 units Completed and Transferred out 5,600 partially complete units in Ending Inventory, which were 60% complete as to conversion and 80% complete as to material. Cost data for September WIP account: Beginning WIP cost O Material O Conversion Material added in Sep Labor added in Sep Overhead added in Sep $12,000 $17,000 $54,000 $63,000 $59,000 Answer the following questions based on data above: 1. What are the Equivalent Units of Production for Material? (4 pts) 2. What are the Equivalent Units of Production for Conversion? (4 pts) 3. What is Material Cost per unit? (round to 2 decimals) (5 pts) 4. What is Conversion Cost per unit? (round to 2 decimals) (5 pts) 5. What is the total cost of completed and transferred units for September? (3 pts) 6. What is the total cost of Ending Inventory for September? (4 pts)
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