Business, 22.02.2021 19:40 qiuedhg

The following information concerns production in the Forging Department for Novem- ber. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $9,000 of direct materials. ACCOUNT Work in Processâ€”Forging Department
ACCOUNT NO.
Balance

Date Item Debit Credit Debit Credit
Nov.
1 Bal., 900 units, 60% completed 123,840 ? 10,566
30 Direct materials, 12,900 units 134,406
30 Direct labor 21,650 156,056
30 Factory overhead 16,870 172,926
30 Goods transferred, ? units ?
30 Bal., 1,400 units, 70% completed ?
a. Determine the number of units transferred to the next department.
b. Determine the costs per equivalent unit of direct materials and conversion.
c. Determine the cost of units started and completed in November.

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The following information concerns production in the Forging Department for Novem- ber. All direct m...

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