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Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. ______________________________________________________________________________________________ BE214 (L0 3) Goode

Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process.

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______________________________________________________________________________________________

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BE214 (L0 3) Goode Company has the following production data for selected months. Compute equivalent units of productio. Ending Work in Process Beginning Work in Process Units Transferred Out 35,000 40,000 45,000 % Complete as to Conversion Cost Month January March July Units 10,000 8,000 16,000 40% 75 25 Assign coststol nits transferredout and in process. .BE21.10 (LO 5) Pix Company has the following production data for March: no beginning work i process, units started and completed 30,000, and ending work in process 5.000 units that are 1009 complete for materials and 40% complete for conversion costs. Pix uses the FIFO method to comput equivalent units. If unit materials cost is $6 and unit conversion cost is $10, determine the costs te be assigned to the units transferred out and the units in ending work in process. The total costs to b assigned are $530,000

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