Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process The blending department had the following data for the month of March: Units in BWIP — Units completed 21,600 Units in EWIP (60% complete) 2,250 Total manufacturing costs $82,620 Required: 1.  What is the output in equivalent units for March? equivalent units 2.  What is the unit manufacturing cost for March? Round your answer to the nearest cent. $per unit 3.  Compute the cost of goods transferred out for March. $ 4.  Calculate the value of March's EWIP.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
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Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process

The blending department had the following data for the month of March:

Units in BWIP
Units completed 21,600
Units in EWIP (60% complete) 2,250
Total manufacturing costs $82,620

Required:

1.  What is the output in equivalent units for March?
equivalent units

2.  What is the unit manufacturing cost for March? Round your answer to the nearest cent.
$per unit

3.  Compute the cost of goods transferred out for March.
$

4.  Calculate the value of March's EWIP.
$

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