Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months

Question:

Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months of the year follows:

Required:
1. Reconcile the number of physical units to find the missing amounts.
2. Calculate the number of equivalent units for both materials and conversion for eachmonth.

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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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Question Posted: Feb 27, 2015 09:44 AM

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Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months

Question:

Beginning Work in Process Ending Work in Process Conversion Complete Conversion Complete (percent) Units Units Month Units (percent) Started Transferred Out Units February June September December 5,800 3,000 8,400 38,000 50 75 20 30 46,600 52,800 44,000 13,000 8,000 4,600 30 45 60 70 50,000 42,800

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