The cost per equivalent units of direct materials and conversion in the Roasting Department of Robusta Coffee Comp 50.45 and $0.12, respectively. The equivalent units to be assigned costs are as follows: Direct Materials Conversion Inventory in process, beginning of period 3,500 Started and completed during the period 57.000 57.000 Transferred out of Roasting (completed) 57,000 60,500 Inventory in process, end of period 3.500 1800 Total units to be assigned costs 60,500 62.300

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The cost per equivalent units of direct materials and conversion in the Roasting Department of Robusta Coffee Company are
$0.45 and $0.12, respectively. The equivalent units to be assigned costs are as follows:
Direct Materials
Conversion
Inventory in process, beginning of period
3,500
Started and completed during the period
57,000
57,000
Transferred out of Roasting (completed)
57,000
60,500
Inventory in process, end of period
3,500
1800
Total units to be assigned costs
60.500
62.300
The beginning work in Process inventory had a cost of $5,200.
Based on the information provided, the ending work in process inventory is equal to:
$1,791
$216
$1,575
$1,230
Transcribed Image Text:The cost per equivalent units of direct materials and conversion in the Roasting Department of Robusta Coffee Company are $0.45 and $0.12, respectively. The equivalent units to be assigned costs are as follows: Direct Materials Conversion Inventory in process, beginning of period 3,500 Started and completed during the period 57,000 57,000 Transferred out of Roasting (completed) 57,000 60,500 Inventory in process, end of period 3,500 1800 Total units to be assigned costs 60.500 62.300 The beginning work in Process inventory had a cost of $5,200. Based on the information provided, the ending work in process inventory is equal to: $1,791 $216 $1,575 $1,230
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