The USA Company manufactures flags in a single process.

The USA Company manufactures flags in a single process. The following information is available.

 

 

Work in process inventory, Jan. 1 --- 0 units

Units started in production 18,000 units

Units completed and transferred out 12,000 units

Work in process inventory, Dec. 31 6,000 units

 

Production costs:

Direct materials $213,885

Direct labor $577,500

Manufacturing overhead $391,875

 

The Units still in production are 45% complete with respect to direct materials and 35% complete with respect to conversion costs.

 

What are the equivalent units for direct materials?

What are the equivalent units for conversion costs?

What is the cost per equivalent unit for direct materials?

What is the cost per equivalent unit for conversion costs?

What is the total cost of units completed and transferred out?

What IS THE TOTAL COST OF UNITS IN ENDING WORK IN PROCESS INVENTORY?