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Business, 26.06.2020 15:01 21gl13826

Description Amount Beginning work in process inventory: Units 720 units Materials costs $10,100 Conversion costs $12,400 Materials percent complete 90% Conversion percent complete 60% Units started into production 9,200 units Units completed and transferred 8,300 units Materials cost added during the month $122,900 Conversion cost added during the month $199,882 Ending work in process inventory: Units 3,600 units Materials percent complete 65% Conversion percent complete 55% What are the equivalent units for conversion? Term 1 What is the cost per equivalent unit for materials? Term 2 What is cost of ending work in process closest to?

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