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fifo The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. Al direct materials are placed in
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The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. Al direct materials are placed in process at the beginning of production 145,160 Work in Process-Assembly Department Bal, 6,400 units, 40% completed 45,76010 Finished Goods, 119,400 units Direct materials, 116,000 units $6.25 725,000 Direct labor Factory overhead 90,020 Bal 2 units, 25% completed Determine the following: - The number of units in work in process inventory at the end of the period. units b. Equivalent units of production for direct materials and conversion. If an amount box does not require an entry, arestban Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and Conversion Costs Equivalent Units Equivalent Direct Units Materials Conversion Kons Whole Bu Units in ending work in process represent units that have been started in the department but have not been completed, and therefore hi out to finished goods b. Equivalent units of production for direct materials and conversion. If an amount box does not require an entry, leave it blank Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and conversion Costs Equivalent Units Equivalent Direct Units Materials Conversion Whole Units 6,400 Inventory in process, beginning Started and completed Transferred to finished goods 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 completed and units in ending work in process? For units to be completed they have to be complete with respect to both materials and conven Check My Work 2 moro Check My Work uses remaining, Submit. be complete with respect to both materials and c. Costs per equivalent unit for direct materials and conversion. It required, round your answers to the nearest cent. Costs Per Equivalent Unit Direct Materials 6.44 X Conversion 2.06 x d. Cost of the units started and completed during the period. 931,600 X 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 located 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 Feedback Check My Word Partially correct Step by Step Solution
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