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
13,000
11,000
9,000
Equivalent units
73,000
71,000
69,000
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...