Badgersize company has the following information for its

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Reference no: EM13569252


Work in Process Inventory, August 1: 20,000 units
Direct materials: 100% complete	$	80,000
Conversion: 20% complete		24,000

Balance in work in process, August 1	$	104,000
Units started during August		52,000
Units completed and transferred in August		59,000
Work in process (70% complete), August 31		?
Costs charged to Work in Process in August
Direct materials	$	161,000
Conversion costs:
Direct labor	$	123,000
Overhead applied		138,000

Total conversion	$	261,000

Assume materials are added at the start of processing.

a.	Calculate the equivalent units for the Forming Department for the month of August.

	Direct materials	Conversion
Equivalent units

b.	Find the cost per equivalent unit of the transferred units. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)

	Direct materials	Conversion
Cost per equivalent unit	$	$

Reference no: EM13569252

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