Question
1. For each of the following products and services, indicate whether it is more likely produced in a process operation or in a job order
1. For each of the following products and services, indicate whether it is more likely produced in a process operation or in a job order operation.
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2. Prepare a physical unit flow reconciliation with the following information.
| Blending Process | Units of Product |
|---|---|
| Beginning work in process inventory | 190,000 |
| Units started this period | 410,000 |
| Units completed and transferred out | 440,000 |
| Ending work in process inventory | 160,000 |
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3. Required information
[The following information applies to the questions displayed below.] A process manufacturer reports the following:
| Units | Conversion | |
|---|---|---|
| Percent Complete | ||
| Beginning work in process inventory | 184,000 | 90% |
| Units started this period | 395,000 | |
| Units completed and transferred out | 425,000 | |
| Ending work in process inventory | 154,000 | 30% |
Compute the total equivalent units of production for conversion. The company uses the weighted average method.
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4. Required information
[The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,400 units during November. The following production activity in both units and costs refers to the Assembly departments November activities.
| Assembly Department | Units | Percent Complete for Direct Materials | Percent Complete for Conversion |
|---|---|---|---|
| Beginning work in process inventory | 2,500 | 60% | 40% |
| Units started this period | 10,400 | ||
| Units completed and transferred out | 9,500 | ||
| Ending work in process inventory | 3,400 | 85% | 35% |
| Cost of beginning work in process | ||
|---|---|---|
| Direct materials | $ 1,161 | |
| Conversion | 1,031 | $ 2,192 |
| Costs added this month | ||
| Direct materials | 17,424 | |
| Conversion | 20,349 | 37,773 |
Required: Calculate the Assembly departments equivalent units of production for materials and for conversion for November. Use the weighted average method.
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Calculate the Assembly departments equivalent units of production for conversion for November. Use the weighted average method.
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Data Analytics for Accounting
Authors: Vernon Richardson
1st edition
1260375196, 9781260375183 , 978-1260375190
