Direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other
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Question:
Direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:
WIP beginning (50% for conversion) | 28,400 units |
Units started | 124,000 units |
Units completed and transferred out | 107,000 units |
WIP ending (50% for conversion) | 45,400 units |
Beginning WIP direct materials | $53,200 |
Beginning WIP conversion costs | $19,600 |
Costs of materials added | $442,100 |
Costs of conversion added | $304,650 |
(a) Compute the total equivalent units for direct materials. (2 marks)
(b) Compute the total equivalent units for conversion costs. (2 marks)
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