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Compute the cost of the units transferred

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Reference no: EM132050318

Question - Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below:

Materials

Conversion

Equivalent units of production in ending work in process

500

140

Cost per equivalent unit

$31.64

$9.15

A total of 1,500 units were completed and transferred to the next processing department during the period.

Required: Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory.

Reference no: EM132050318

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