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Andromeda Glass Company manufactures decorative glass products. The firm employs a process costing system for its manufacturing operations. All direct materials are added at the
Andromeda Glass Company manufactures decorative glass products. The firm employs a process costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. The company's production schedule for August follows.
Units | |
Work in process on August 1 (75% complete as to conversion) | 4,200 |
Units started during August | 6,800 |
Total units to account for | 11,000 |
Units from beginning work in process, which were completed and transferred out during August | 4,200 |
Units started and completed during August | 4,600 |
Work in process on August 31 (40% complete as to conversion) | 2,200 |
Total units accounted for | 11,000 |
Required: | |
Calculate each of the following amounts using weighted-average process costing. | |
1. | Equivalent units of direct material during August. |
2. | Equivalent units of conversion activity during August. |
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