The following information concerns production in the Forging Department for September. All direct materials are placed into the process at the beginning of
production and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $11250 of direct materials.
a. Determine the number of units transferred to the next department.
b. Determine the costs per equivalent unit of direct materials and conversion. If required round your answer to two decimal places.
Cost of equivalent unit of direct materials: $
Cost of equivalent unit of conversion: $
c. Determine the cost of units started and completed in September.