The Blending Department of Luongo Company has the following costand production data for the month of April.
| Costs: | | |
| Work in process, April 1 | | |
| Direct materials: 100%complete | | $ 122,000 |
| Conversion costs: 20%complete | | 85,400 |
| Cost ofwork in process, April 1 | | $ 207,400 |
| Costs incurred during production inApril | | |
| Direct materials | | $ 976,000 |
| Conversion costs | | 445,300 |
| Costsincurred in April | | $ 1,421,300 |
Units transferred out totaled 20,740. Ending work inprocess was 1,220 units that are 100% complete as tomaterials and 40% complete as to conversion costs.
(a)
Compute the equivalent units of production for (1) materials and(2) conversion costs for the month of April.
| | Materials | | Conversion Costs |
| The equivalent units of production | | | | |
(b) Compute the unit costs for the month. (Round unit costs to 0decimal places, e.g. $25.)
Unit cost for the month
(c) Determine the costs to be assigned to the units transferred outand in ending work in process.
Transferred out$
Work in process
Materials$
Conversion costs
Total costs$
