Reference no: EM132590572

AL Corporation produces a single product that passes through two departments. The following are January production information for the last department before transferring to finished goods inventory:

Beginning Work-in-process 12,800 units

Units started new 117,200 units

Ending Work-in-process

(Materials 100%, Conversion 40%) 10,000 units

Costs of Beginning work in process:

Materials: $68,000

Conversion: $33,000

Additional manufacturing costs incurred during the month:

Materials: $75,000

Conversion: $60,000

Question A. Calculate material equivalent units and conversion equivalent units for the January period.

Question B. Calculate the cost to produce one unit for January.

Question C. Calculate the cost of goods completed and transferred out to Finished Goods inventory for January.

Question D. Calculate the value of ending work in process at the end of January.