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the following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and
the following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $ of direct materials. ACCOUNT Work in ProcessForging Department ACCOUNT NO Date Item Debit Credit Balance Debit Credit Nov. Bal., units, completed Direct materials, units Direct labor Factory overhead Goods finished, units Bal., units, completed a Determine the number of units transferred to the next department. fill in the blank units b Determine the costs per equivalent unit of direct materials and conversion. If required, round your answer to two decimal places. Cost per equivalent unit of direct materials $fill in the blank Cost per equivalent unit of conversion $fill in the blank c Determine the cost of units started and completed in November. $fill in the blank
the following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $ of direct materials.
ACCOUNT Work in ProcessForging Department ACCOUNT NO
Date Item Debit Credit Balance
Debit Credit
Nov. Bal., units, completed
Direct materials, units
Direct labor
Factory overhead
Goods finished, units
Bal., units, completed
a Determine the number of units transferred to the next department.
fill in the blank
units
b Determine the costs per equivalent unit of direct materials and conversion. If required, round your answer to two decimal places.
Cost per equivalent unit of direct materials $fill in the blank
Cost per equivalent unit of conversion $fill in the blank
c Determine the cost of units started and completed in November.
$fill in the blank
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