Question
Father Time Clock Shop manufactures clocks on an automated assembly line. It utilizes two cost categories: direct materials and conversion costs. Each product must pass
Father Time Clock Shop manufactures clocks on an automated assembly line. It utilizes two cost categories: direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of production, while conversion costs are allocated evenly throughout production, and the company uses weightedaverage costing. Data for the Assembly Department are: Work in process, beginning inventory 250 units Direct materials (100% complete) Conversion costs (50% complete) Units started during June 800 units Work in process, ending inventory 150 units Direct materials (100% complete) Conversion costs (75% complete) What are the equivalent units for direct materials and conversion costs at Father Time Clock Shop, respectively?
the answer is 1050 and 1012.5
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