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Triton Company produces its product using a single production process. For the month of March, the company determined its cost per equivalent unit to be

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Triton Company produces its product using a single production process. For the month of March, the company determined its cost per equivalent unit to be as follows: Click the icon to view the costs per equivalent unit.) During the month, Triton completed and transferred out 440,000 units to finished goods inventory. At month-end, 82,000 partially complete units remained in ending work in process inventory. These partially completed units were equal to 74,000 equivalent units of direct materials and 47.000 equivalent units of conversion costs. 1. Determine the total cost that should be assigned to the following: a. Units completed and transferred out b. Units in ending work in process inventory 2. What was the total costs accounted for? 3. What was Triton's average cost of making one unit of its product? 1a. Determine the costs that should be assigned to the units completed and transferred out Triton Company Month Ended March 31 Assigning Costs Direct Conversion Materials Costs a. Completed and transferred out: Equivalent units completed and transferred out Multiplied by: Cost per equivalent unit Costs assigned to units completed and transferred out Total 21 Data Table Cl nt Enter any number in the edit fields and then click Check Direct Materials $ 4 20 Conversion Costs $ 3.50 Cost per equivalent unit 3 parts 2 rW 2):1 remaining Print Done

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