Glorgious Company's assembly department had 6,000 units in beginning inventory. Associated with these units were $25,000 in direct materials and $45,000 in conversion costs. During the period, the department incurred $122,840 in direct materials and $74,880 in conversion costs and started 40,000 units. Ending inventory consisted of 4,000 units which were 70% complete with respect to materials and 60% complete with respect to conversion costs.
a. Calculate the number of units completed. (2)
b. Calculate the equivalent units for materials. (2)
c. Calculate the equivalent units for conversion costs. (2)
d. Calculate the cost per equivalent unit for materials. (2)
e. Calculate the cost per equivalent unit for conversion costs. (2)
f. Calculate the cost of units completed. (2)
g. Calculate the cost of the ending work in p