Equivalent units in ending work in process inventory. Materials Conversion
2130. 920
Cost per equivalent unit. 15.06. 4.53
Compute the const of ending work in process inventory for materials, conversion and in total
Answer:-Cost of ending work in process inventory:-
For Material =Ending inventory*Cost per equivalent unit
=2130 unit*$15.06 =$32077.80
For Conversion cost =Ending inventory*Cost per equivalent unit
=920 unit*$4.53 =$4167.60
Total =$32077.80+$4167.60 =$36245.40
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