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Transferred-In Cost Golding's finishing department had the following data for July: ...

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Accounting

Transferred-In Cost

Golding's finishing department had the following data for July:

Transferred-In Materials Conversion
Units transferred out 60,000 60,000 60,000
Units in EWIP 15,000 11,000 13,000
Equivalent units 75,000 71,000 73,000
Costs:
Work in process, July 1:
Transferred-in from fabricating $2,100
Materials 1,500
Conversion costs 3,000
Total $6,600
Current costs:
Transferred-in from fabricating $30,900
Materials 22,500
Conversion costs 45,300
Total $98,700

Required:

1. Calculate unit costs for the following categories: transferred-in, materials, and conversion. Round your answers to the nearest cent.

Unit transferred-in cost $
Unit materials cost $
Unit conversion cost $

2. Calculate total unit cost. Round your answe

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