Reference no: EM132635470

Question - The inventory at June 1 and costs charged to Work in Process-Department 60 during June are as follows: 3,800 units, 80% completed ($25,000 materials, $35,400 conversion) $60,400Direct materials, 32,000 units 368,000Direct labor 244,000Factory overhead 188,000 Total cost to be accounted for $860,400During June, 32,000 units were placed into production and 31,200 units were completed, including those in inventory on June On June 30, the inventory of work in process consisted of 4,600 units that were 40% completed. Inventories are costed by the weighted average method and all materials are added at the beginning of the process.

a. Determine Equivalent units of production for conversion cost.

b. Determine Conversion cost per equivalent unit and material cost per equivalent unit.

c. Determine Total and unit cost of finished goods completed in the current period.

d. Determine Total cost of work in process inventory at June 30.