Help on tranferred in cost
On March 1, Upton Company's packaging department had Work in Process inventory of 8,820 units, which had been transferred in from the finishing department. These units had accumulated costs of $315,000 in previous departments and $16,000 for CC in the packaging department. During March, 30,000 units were transferred into the department. These units had accumulated costs of $770,000 in the previous departments. The packaging department incurred $54,000 in CC during the month. 700 units remained in ending inventory on March 31st. These units were 80% complete with respect to CC.Calculate the cost per EU for transferred-in costs and for CC for the packaging department using the average cost method. a. Transferred in costs$ per EUb. CC$1.91 per EU