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Transferred-In Cost Golding's finishing department had the following data for July: Transferred-In Materials Conversion Units transferred out 60.000 60,000 60,000 Units in EWIP 15.000 15,000
Transferred-In Cost Golding's finishing department had the following data for July: Transferred-In Materials Conversion Units transferred out 60.000 60,000 60,000 Units in EWIP 15.000 15,000 9,000 Equivalent units 75,000 75.000 69,000 Costs: Work in process, July 1: Transferred-in from fabricating $2,100 Materials 1,500 Conversion costs 3,000 $6,600 Total Current costs: Transferred-in from fabricating $30,900 Materials 22.500 Conversion costs 45.300 $98,700 Total Required: 1. Calculate unit costs for the following categories: transferred-in, materials, and conversion. Round your answers to the nearest cent. Unit transferred-in cost Unit materials cost Unit conversion cost 2. Calculate total unit cost. Round your answer to the nearest cent. per unit
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