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Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 9,000 units, 40% completed 23,220 To Finished Goods, 207,000 units Direct materials, 212,000 units @ 275,600 $1.3 Direct labor 509,900 Factory overhead 198,320 Bal., 2 units, 35% completed Cost per equivalent units of 51.30 for Direct Materials and 53.40 for Conversion Costs. a. Based on the above data, determine the different costs listed below. If required, round your interim calculations to two decimal places. 1. Cost of beginning work in process inventory completed this period 18,360 X 2. Cost of units transferred to finished goods during the period 972,900 x 3. Cost of ending work in process inventory 34,860 $ 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.) 4.62 b. Did the production costs change from the preceding period? Yes c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs per equivalent unit increase, decrease, or remain the same for the current period Increase

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