Homework Answers
| Materials | Conversion | ||
| Units completed and transferred | 12200 | 12200 | |
| Ending work in process | 4900 | 2940 | =4900*60% |
| Equivalent units | 17100 | 15140 | |
| Materials | Conversion | Total | |
| Equivalent units | 17100 | 15140 | |
| X Cost per Equivalent unit | 5.00 | 4.00 | |
| Total costs | 85500 | 60560 | 146060 |
| Total costs | 146060 | ||
| Less: Cost of beginning work in process | 48778 | =24012+24766 | |
| Cost of units started into production | 97282 | ||
| Option D $97,282 is correct |
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