Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

asap please Equivalent units of Production The following information concerns production in the Balung Department for March. All direct materials are placed in process at

asap please
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Equivalent units of Production The following information concerns production in the Balung Department for March. All direct materials are placed in process at the beginning of production Credit ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Debit Credit Mar 1 Bel, 2.boo units, completed 29,520 31 Direct materials, 604,000 units 43,200 512.720 31 Direct labor 110.180 22.000 3t Factory out 165,022 287,022 31 Goods Triched, 504,200 units 142.340 45.52 11 Bal units, coleted 45.582 a. Determine the number of units in work in proces verdery at March 11 42.600 its TOM How it were during the period? How many units were compte during the per to. Determine the equivalent units of duction for direct materials and contact box does not Baking Department Equivalent Units of Production for Direct Material Conversion Costs For March Direct h. Determine the equivalent units of production for direct materials and como consech an amount box does not requiremente en Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March Direct Materials Equivalent Units Whole Units Conversion Equivalent Units 12. 604.000 x 200X DOLX 0,00 Inventory in process, March Started and placed in March Transferred to finished goods in March Inventory in proces, March 31 61220 x 636,100 2.0 64,000 X 42.60 21,100 x Tul 679,600 X 6464x 63. x We are the materias added to the tow much more needs to be done to the beginning units wespect to conversion comme un muchas been added to the unit ering work in Dro inventory with respect to natural and conversion wy Party eBook Print Item Show Me How Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production, ACCOUNT Work in Process-Baking Department Date Item Debit Credit ACCOUNT NO Balance Debit Credit 29,520 512,720 622,900 483,200 110,180 Mar. 1 Bab, 32,800 units, We completed 31 Direct materials, 604,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 594,200 units 31 Bal 2 units, completed 165,022 787,922 742,340 45,582 45,582 a. Determine the number of units in work in process inventory at March 31. 42,600 ure Chapter 20 Homework assignment take frame Feeds Check My Work How many units were in process during the period? How many units were completed during the period? b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount box does not require an entry, Wave it blank Baking Department Equivalent Units of Production for Direct Materials and conversion Costs For March Direct Materials Conversion Check My Work b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount box does not require an entry, mave it blank. Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March Direct Materials Equivalent Units Conversion Equivalent Units Whole Units 12,000 604.000 x 0 C200X 0,00 X 606,000 X Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 63610 x 604,000 x 612.200X 21200 x 42.000 42.600 Total 679.400 x 46,600 x 6,00 X OM When are the materials added to the units? How much more needs to be done to the beginning units with respect to conversion costs to complete the units? How much ending work in process inventory with respect to materials and conversion Para comed Check My Work eBook Show Me How Print Item Equivalent units of Production The following information concerns production in the Baking Department for March. Al direct materials are placed in process at the beginning of production ACCOUNT Work in Process --Baking Department ACCOUNT NO Balance Date Item Debit Credit Debit Credit Mar. 1 Bal., 32,800 units, completed 29,520 31 Direct materials, 604,000 units 485,200 512,720 31 Direct labor 110,160 622,900 31 Factory overhead 165,022 787.922 31 Goods finished, 594,200 units 742,340 45,582 31 Bal 2 units, completed 45,582 a. Determine the number of units in work in process inventory at March 31 42,600 units Feed Che WO How many units were in process during the period? How many units were completed during the period? b. Determine the equivalent units of production for direct materials and conversion contain March. If an amount box does not require an entry, Wavebook Baking Department Equivalent Units of Production for Direct Materials and conversion Costs For March Direct Materials Conversion Check My Virk b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount box does not require an entry, leave it blank. Baking Department Equivalent Units of Production for Direct Materials and conversion Costs For March Direct Materials Equivalent Units Conversion Equivalent Units Whole Units 12.000 0 1.200 X Inventory in process, March 1 Started and completed in March Transferred to finished goods in March 604.000 x 604,000 X 604.000X 600 x 600,000 x 612.200 X Inventory in process, March 31 42.600 42.000 21.3100 x Total 699400X 100X 666,60 x Foack Check My Wor When are the material added to the units? How much more needs to be done to the being units with respect to conversion costs to complete the unite? How mu ending work in process inventory with respect to materials and conversion? Penda Pance Check My Work ACCOUNT Work in Process--Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Mar. 29,520 483,200 512,720 110,180 622,900 1 Bal., 32,800 units, 1/4 completed 31 Direct materials, 604,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 594,200 units 31 Bal. 2 units, %s completed 165,022 787,922 742,340 45,582 45,582 a. Determine the number of units in work in process inventory at March 31. 42,600 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost management a strategic approach

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

5th edition

73526940, 978-0073526942

More Books

Students also viewed these Accounting questions

Question

How well do you work in teams?

Answered: 1 week ago