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< Back 17 2.81/3 points awarded Scored This window shows your responses and what was marked correct and incorrect from your During April, the
< Back 17 2.81/3 points awarded Scored This window shows your responses and what was marked correct and incorrect from your During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to labor. At the end of April, 82,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to labor. 1. Compute the number of units transferred to finished goods. Ending goods in process - units Units started and completed Total units transferred to finished goods 60,000 ( 240,000 300,000 2. Compute the number of equivalent units with respect to both materials used and labor used in the production department for April using the weighted-average method. Units completed and transferred out Units of ending goods in process Equivalent units of production Equivalent units of production-weighted average Units 300,000 82,000 382,000 % Materials 100% 80% EUP- Materials % Labor EUP-Labor 300,000 100% 300,000 65,600 365,600 30% 24,600 +324,600
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