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

Transaction Debit amount Transaction Credit amount

Bal., $5,000$ units, $70\%$ completed $16,500$ To Finished Goods, $115,000$ units $?$

Direct materials, $118,000$ units @ $$1\mathrm{.}90224,200$

Direct labor $179,800$

Factory overhead $69,900$

Bal., $?$ units, $25\%$ 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 $1$ of $1$ units

Feedback Area

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.

Question Content Area

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

Line Item Description

Whole

Units Equivalent

Units

Direct

Materials

Equivalent

Units

Conversion

Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning

Started and completed Started and completed Started and completed Started and completed

Transferred to finished goods Transferred to finished goods Transferred to finished goods Transferred to finished goods

Inventory in process, ending Inventory in process, ending Inventory in process, ending Inventory in process, ending

Total units Total units Total units Total units

Feedback Area

Feedback

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.

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 $1$ of $2$$

Conversion fill in the blank $2$ of $2$$

d$.$ Cost of the units started and completed during the period.

fill in the blank $1$ of $1$$