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 Process-Assembly Department | |||
---|---|---|---|
Bal., 3,000 units, 65% completed | 9,180 | To Finished Goods, 69,000 units | ? |
Direct materials, 71,000 units @ $1.50 | 106,500 | ||
Direct labor | 132,500 | ||
Factory overhead | 51,580 | ||
Bal., ? units, 75% completed | ? |
Question Content Area
Determine the following:
a. The number of units in work in process inventory at the end of the period. fill in the blank ecbfe505905801c_1 units
Question Content Area
b. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".
Whole Units | Equivalent Units Direct Materials | Equivalent Units Conversion | |
Inventory in process, beginning | fill in the blank a8dfcf00afa6f98_1 | fill in the blank a8dfcf00afa6f98_2 | fill in the blank a8dfcf00afa6f98_3 |
Started and completed | fill in the blank a8dfcf00afa6f98_4 | fill in the blank a8dfcf00afa6f98_5 | fill in the blank a8dfcf00afa6f98_6 |
Transferred to finished goods | fill in the blank a8dfcf00afa6f98_7 | fill in the blank a8dfcf00afa6f98_8 | fill in the blank a8dfcf00afa6f98_9 |
Inventory in process, ending | fill in the blank a8dfcf00afa6f98_10 | fill in the blank a8dfcf00afa6f98_11 | fill in the blank a8dfcf00afa6f98_12 |
Total units | fill in the blank a8dfcf00afa6f98_13 | fill in the blank a8dfcf00afa6f98_14 | fill in the blank a8dfcf00afa6f98_15 |
Question Content Area
c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.
Costs Per Equivalent Unit | |
Direct Materials | $fill in the blank 3eb928008f83f92_1 |
Conversion | $fill in the blank 3eb928008f83f92_2 |
d. Cost of the units started and completed during the period. $fill in the blank 3eb928008f83f92_3
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