Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly 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 Process-Assembly Department Bal., 9,000 units, 40% completed Direct materials, 40,000 units @ $6.80 Direct labor Factory overhead Bal., ? units, 30% completed 72,360 To Finished Goods, 41,500 units 272,000 80,000 40,450 Determine the following: a. The number of units in work in process inventory at the end of the period. 21,808 x units Feedback Check My Work 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 1,600 Equivalent Units Equivalent Units Direct Materials Conversion Inventory in process, beginning X Started and completed 28,000 Transferred to finished goods 1,000 Inventory in process, ending Total units Feedback Check My Work When are materials added in the process? How does that affect the number of equivalent units in beginning work in process, units that have been started and completed and units in ending work in process? For units to be completed they have to be complete with respect to both materials and conversion. c. Costs per equivalent unit for direct materials and conversion. Costs Per Equivalent Unit Direct Materials Conversion d. Cost of the units started and completed during the period. Feedback Check My Work Are the equivalent units for materials and conversion the same? Are the total costs for materials and conversion the same? How are these costs allocated out among equivalent units? Remember that in order for a unit to be complete it has to be complete with respect to both materials and conversion