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Equivalent units unit cost valuation of goods transferred

Question: Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process The cooking department had the following data for the month of March:

Units in BWIP -

Units completed 4,800

Units in EWIP (40 percent complete) 500

Total maufacturing costs $9,000

Required: 1. What is the output in equivalent units for March?

2. What is the unit manufacturing cost for March?

3. Compute the cost of goods transferred out for March.

4. Calculate the value of March's EWIP.

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Accounting Basics: Equivalent units unit cost valuation of goods transferred

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Accounting Basics: Equivalent units unit cost valuation of goods transferred

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