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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 Ivy Cosmetics Company are $2.65 and $1.15, respectively. The equivalent units to be assigned costs are as follows: Inventory in process, beginning of period Started and completed during the period Transferred out of Filling (completed) Inventory in process, end of period Total units to be assigned costs Equivalent Units Direct Materials Conversion 0 63,000 63,000 8,000 71,000 3,800 63,000 66,800 3,200 70,000 The beginning work in process inventory had a cost of $2,130. 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 of production Inventory in process, ending 243,770 X 24,880

Cost of Units Transferred Out and Ending Work in Process The costs per equivelent unit of direct materials and conversion in the Filing Department of Iry Cosmetics Company are $2.65 and $1. 15 , respectively. The equivalent units to be assigned costs are as follows: The beginning work in process inventory had a cost of 52,130 , Determine tre cost of completed and transferred-out production and the ending woik in process inventory if reauired. round to the nearest dollar

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