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The Blending Department of Sheridan Company has the following cost and production data for the month of April

Accounting

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The Blending Department of Sheridan Company has the following cost and production data for the month of April.

Costs:
Work in process, April 1
Direct materials: 100% complete		$118,000
Conversion costs: 20% complete		82,600
Cost of work in process, April 1		$200,600
Costs incurred during production in April
Direct materials		$944,000
Conversion costs		430,700
Costs incurred in April		$1,374,700

Units transferred out totaled 20,060. Ending work in process was 1,180 units that are 100% complete as to materials and 40% complete as to conversion costs.

Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April.

		Materials		Conversion Costs
The equivalent units of production

Compute the unit costs for the month.     Materials   Conversion Costs Unit costs   $   $

Determine the costs to be assigned to the units transferred out and in ending work in process. Transferred out   $ Ending work in process   $