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For the Month of November, Department B Completed and Transferred

Question 142

Essay

For the month of November, Department B completed and transferred to the next department 5,000 units of product. Department B's ending work in process was 3,000 units that were 10 percent complete. The following cost information is available for the period:
Required:
(A) Determine the cost per equivalent whole unit for the month of November. (Round your answer to three decimal places.)(B) Determine the cost transferred out during the month.(C) Calculate the cost assigned to the ending work in process at the end of the month. (Round your answer to the nearest dollar.)  Cost transferred in $35,000 Cost of beginning work in process 3,600 Direct materials 17,000 Direct labor 9,000 Manufacturing overhead 12,000\begin{array} { | l | r | } \hline \text { Cost transferred in } & \$ 35,000 \\\hline \text { Cost of beginning work in process } & 3,600 \\\hline \text { Direct materials } & 17,000 \\\hline \text { Direct labor } & 9,000 \\\hline \text { Manufacturing overhead } & 12,000 \\\hline\end{array}

Correct Answer:

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(A) Equivalent whole units = 5,000 + (3,...

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