Tracker Sports is a manufacturer of sportswear Tracker produces its products in two departments The information for the current month for Department 2 is as follows Beginning work in process 20,000 units Units transferred in from Department 1 40,000 units Units completed 50,000 units Ending work in process 10,000 units Beginning WIP (transferred in costs) $ 50,000 Beginning WIP (direct materials) $ 12,000 Beginning WIP (direct labor) $ 3,200 Beginning WIP (overhead) $ 1,600 Costs transferred in from Department 1 $ 100,000 Direct materials added during month $ 60,000 Direct labor during month $ 20,000 Manufacturing overhead applied Beginning WIP was half complete as to conversion costs Direct materials for Department 2 are added when the process is 25 complete Manufacturing overhead is applied at a rate equal to 50 percent of direct labor Ending WIP was 60 percent complete Tracker Sports uses weighted average costing Required (Use 4 decimal places in your calculations ) a Compute the equivalent units of production for each input b Compute the cost per equivalent unit c Compute the cost transferred out to finished goods d Compute the ending work in process inventory balance

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Tracker Sports is a manufacturer of sportswear. Tracker produces its products in two departments. The information for the current month for Department #2 is as

Tracker Sports is a manufacturer of sportswear. Tracker produces its products in two departments. The information for the current month for Department #2 is as follows:


Beginning work-in-process		20,000	units
Units transferred in from Department #1		40,000	units
Units completed		50,000	units
Ending work-in-process		10,000	units
Beginning WIP (transferred-in costs)	$	50,000
Beginning WIP (direct materials)	$	12,000
Beginning WIP (direct labor)	$	3,200
Beginning WIP (overhead)	$	1,600
Costs transferred in from Department #1	$	100,000
Direct materials added during month	$	60,000
Direct labor during month	$	20,000
Manufacturing overhead applied		???

Beginning WIP was half complete as to conversion costs. Direct materials for Department #2 are added when the process is 25% complete. Manufacturing overhead is applied at a rate equal to 50 percent of direct labor. Ending WIP was 60 percent complete. Tracker Sports uses weighted-average costing. Required: (Use 4 decimal places in your calculations.) a. Compute the equivalent units of production for each input. b. Compute the cost per equivalent unit. c. Compute the cost transferred out to finished goods. d. Compute the ending work-in-process inventory balance.