Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process The blending department had the following data for the month of March: Units in BWIP — Units completed 21,600 Units in EWIP (30% complete) 2,250 Total manufacturing costs $82,418 Required: 1. What is the output in equivalent units for March? fill in the blank 1 equivalent units 2. What is the unit manufacturing cost for March? Note: Round your answer to the nearest cent. $fill in the blank 2per unit 3. Compute the cost of goods transferred out for March. $fill in the blank 3 4. Calculate the value of March's EWIP. $fill in the blank 4
Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process The blending department had the following data for the month of March: Units in BWIP — Units completed 21,600 Units in EWIP (30% complete) 2,250 Total manufacturing costs $82,418 Required: 1. What is the output in equivalent units for March? fill in the blank 1 equivalent units 2. What is the unit manufacturing cost for March? Note: Round your answer to the nearest cent. $fill in the blank 2per unit 3. Compute the cost of goods transferred out for March. $fill in the blank 3 4. Calculate the value of March's EWIP. $fill in the blank 4
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process
The blending department had the following data for the month of March:
| Units in BWIP | — |
| Units completed | 21,600 |
| Units in EWIP (30% complete) | 2,250 |
| Total |
$82,418 |
Required:
1. What is the output in equivalent units for March?
fill in the blank 1 equivalent units
2. What is the unit manufacturing cost for March? Note: Round your answer to the nearest cent.
$fill in the blank 2per unit
3. Compute the cost of goods transferred out for March.
$fill in the blank 3
4. Calculate the value of March's EWIP.
$fill in the blank 4
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