Badgersize Company has the following information for its Forming Department for the month of August:...

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Accounting

Badgersize Company has the following information for its Forming Department for the month of August:
Work in Process Inventory, August 1: 20,000 unitsDirect materials: 100% complete$ 80,000Conversion: 20% complete24,000Balance in work in process, August 1$ 104,000Units started during August53,000Units completed and transferred in August58,000Work in process (70% complete), August 31?Costs charged to Work in Process in AugustDirect materials$ 132,000Conversion costs:Direct labor$ 117,000Overhead applied150,000Total conversion$ 267,000
Assume materials are added at the start of processing.
Required:
Calculate the equivalent units for the Forming Department for the month of August.
Determine the cost per equivalent unit of input resources for the Forming Department during August.
Note: Round your answers to 2 decimal places.

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