=+E8 Cost per equivalent unit: average cost method / a. $20.00 The following information concerns production in

Question:

=+E8 Cost per equivalent unit:

average cost method

/

a. $20.00 The following information concerns production in the Forging Department for April. The Forg¬

ing Department uses the average cost method.

ACCOUNT Work in Process—Forging Department Date Item Apr. 1 Bal., 3,000 units, 40% completed 24,000 30 Direct materials, 28,500 units 355,800 30 Direct labor 128,200 30 Factory overhead 100,500 30 Goods transferred, 27,200 units ?

30 Bal., 4300 units, 75% completed ?

a. Determine the cost per equivalent unit.

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