Hoffmans Packaging Department had the following information at July 31. All direct materials are added at the

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Hoffman€™s Packaging Department had the following information at July 31. All direct materials are added at the end of the conversion process. The units in ending work in process inventory were only 36% of the way through the conversion process.

Complete the schedule by computing the total equivalent units of direct materials and conversion costs for the month.

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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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Question Posted: Aug 27, 2014 05:30 AM

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Hoffmans Packaging Department had the following information at July 31. All direct ­materials are added at the

Question:

Equivalent Units Flow of PhysicalDirect ersion Costs Units Materials 3 Units accounted for 4 Completed and transferred out 5 Plus: Ending work in process, Juy 31 6 Total physical units accounted for 7 Total equivalent units 116,300 9,300 60

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Managerial Accounting

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