Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $2.00 and $2.30,...


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Cost of Units Transferred Out and Ending Work in Process<br>The costs per equivalent unit of direct materials and<br>conversion in the Filling Department of Eve Cosmetics<br>Company are $2.00 and $2.30, respectively. The equivalent<br>units to be assigned costs are as follows:<br>Equivalent Units<br>Direct Materials Conversion<br>Inventory in process, beginning of period<br>1,900<br>Started and completed during the period<br>47,000<br>47,000<br>Transferred out of Filling (completed)<br>47,000<br>48,900<br>Inventory in process, end of period<br>2,000<br>1,200<br>Total units to be assigned costs<br>49,000<br>50,100<br>The beginning work in process inventory had a cost of<br>$1,120. Determine the cost of completed and transferred-<br>out production and the ending work in process inventory. If<br>required, round to the nearest dollar.<br>Completed and transferred-out<br>$fill in the blank 1<br>production<br>$fill in the blank 2<br>Inventory in process, ending<br>

Extracted text: Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $2.00 and $2.30, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 1,900 Started and completed during the period 47,000 47,000 Transferred out of Filling (completed) 47,000 48,900 Inventory in process, end of period 2,000 1,200 Total units to be assigned costs 49,000 50,100 The beginning work in process inventory had a cost of $1,120. Determine the cost of completed and transferred- out production and the ending work in process inventory. If required, round to the nearest dollar. Completed and transferred-out $fill in the blank 1 production $fill in the blank 2 Inventory in process, ending

Jun 11, 2022
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