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Equivalent Units of Production and Related Costs Flint tem The charges to Work in Process-Baking Department for a period as well as information concerning
Equivalent Units of Production and Related Costs Flint tem The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the weighted avera process during production. Bal., 2,300 units, 70% completed Direct materials, 16,800 units Direct labor Work in Process-Baking Department 2,967 To Finished Goods, 16,500 units 31,584 14,832 Factory overhead Bal., 2,600 units, 30% completed 7,641 If required, round cost per equivalent unit answer to two decimal places. a. Determine the number of whole units to be accounted for and to be assigned costs. units b. Determine the number of equivalent units of production. units c. Determine the cost per equivalent unit. per equivalent unit d. Determine the cost of units transferred to Finished Goods. 1000 e. Determine the cost of units in ending Work in Process. ?
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