Inter Manufacturing Company manufactures expensive chairs. The following data relates to the month of January...

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Accounting

Inter Manufacturing Company manufactures expensive chairs. The following data relates to the month of January 2007.
Units
Beginning Work in Process (1-1-07) 3,000
Completed and transferred out during January 10,000
Ending Work in Process (31-1-07) 5,000
Costs added during January
Percentage of Completion
Beginning Work in Process (1-1-07) 60%
Ending Work in Process (31-1-07) 40%
Costs added during January
Total costs
Beginning Work in Process (1-1-07) $60,300
Costs added during January $160,000
Conversion costs
Beginning Work in Process (1-1-07) $5,200
Costs added during January $52,400
The company uses Weighted Average Process Costing Method and materials are added at the beginning of the process.

The equivalent units of production for conversion costs (January)

-

The equivalent units of production for material cost (January)

-

The total unit cost

-

Cost per unit for material

The unit cost for conversion

Ending work in process

Transferred out costs

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