Question
Equivalent Units of Production and Related Costs The charges to Work in ProcessAssembly Department for a period, together with information concerning production, are as follows.
Equivalent Units of Production and Related Costs
The charges to Work in ProcessAssembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.
| Work in ProcessAssembly Department | |||
|---|---|---|---|
| Bal., 9,000 units, 40% completed | 72,360 | To Finished Goods, 41,500 units | ? |
| Direct materials, 40,000 units @ $6.80 | 272,000 | ||
| Direct labor | 80,000 | ||
| Factory overhead | 40,450 | ||
| Bal., ? units, 30% completed | ? | ||
Determine the following:
a. The number of units in work in process inventory at the end of the period. units
Feedback
Units in ending work in process represent units that have been started in the department but have not been completed, and therefore have not been transferred out to finished goods.
b. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".
| Work in Process-Assembly Department | |||
| Equivalent Units of Production for Direct Materials and Conversion Costs | |||
| Whole Units | Equivalent Units Direct Materials | Equivalent Units Conversion | |
| Inventory in process, beginning | |||
| Started and completed | |||
| Transferred to finished goods | |||
| Inventory in process, ending | |||
| Total units | |||
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