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The Finishing Department started the month with 300 units in process, received 1, 600 units from the Assembly Department, and transferred 1,700 units to the

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The Finishing Department started the month with 300 units in process, received 1, 600 units from the Assembly Department, and transferred 1,700 units to the finished goods storage area. All direct materials are added at the beginning of the process. The units in process at the end of the month are 60% complete with respect to conversion costs. The department uses the weighted-average method. The Finishing Department incurred the following costs: Click the icon to view the costs.) Read the requirements 8. How many units are still in process at the end of the month? Determine the formula, then enter the amounts to calculate units in process at the end of the month. To account for Transferred out In process units 1,900 1,700 200 9. Compute the equivalent units of production for the Finishing Department, Production Cost Report - Finishing Department Equivalent Units Physical Transferred Direct Conversion Units In Materials Costs UNITS Units to account for Beginning work-in-process Transferred in Total units to account for 300 1,600 1,000 1,700 Units accounted for Completed and transferred out Ending work in process Total unito accounted for 1,700 200 1.700 200 1,700 200 Data Table Beginning WIP Added this month $ 3,540 $ 18,880 $ 540 2,880 Total 22,420 3,420 Transferred in Direct Materials Conversion Costs Total 4,078 1,200 5,280 $ 5,278 31,118 $ 25,838 $ Print Done Requirements 8. How many units are still in process at the end of the month? 9. Compute the equivalent units of production for the Finishing Department. 10. Determine the cost per equivalent unit for transferred in, direct materials and conversion costs. 11. Determine the cost to be transferred to Finished Goods Inventory Print Done

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