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Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of...

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Accounting

Cost of Units Transferred Out and Ending Work in Process

The costs per equivalent unit of direct materials and conversionin the Filling Department of Eve Cosmetics Company are $0.80 and$1.25, respectively. The equivalent units to be assigned costs areas follows:

Equivalent Units
Direct MaterialsConversion
Inventory in process, beginning of period02,900
Started and completed during the period41,00041,000
Transferred out of Filling (completed)41,00043,900
Inventory in process, end of period5,0002,000
Total units to be assigned costs46,00045,900

The beginning work in process inventory had a cost of $1,940.Determine the cost of completed and transferred-out production andthe ending work in process inventory. If required, round to thenearest dollar.

Completed and transferred-out production$
Inventory in process, ending$

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