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

Transaction	Debit amount	Transaction	Credit amount
Bal., 30,000 units, 40% completed	1,075,500	To Finished Goods, 406,000 units	?
Direct materials, 400,000 units @ $11.25	4,500,000
Direct labor	4,012,000
Factory overhead	20,060,000
Bal., ? units, 30% completed	?

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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

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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.

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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

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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.

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c. Costs per equivalent unit for direct materials and conversion.

	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$