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Franklin Company had 2 2 0 units of product in its work in process inventory at the beginning of the period and started 1 ,
Franklin Company had units of product in its work in process inventory at the beginning of the period and started additional units during the period. At the end of the period, units were in work in process inventory. The ending work in process inventory was estimated to be percent complete. The cost of work in process inventory at the beginning of the period was $ and $ of product costs was added during the period.
Required
a Calculate the number of equivalent units of production.
b Calculate the product cost per equivalent unit.
c Calculate the total cost allocated between the ending Work in Process Inventry and Finished Goods Inventory accounts.
Complete this question by entering your answers in the tabs below.
ReqA and
a Calculate the number of equivalent units of production.
b Calculate the product cost per equivalent unit.
Note: Round "Cost per equivalent unit" answer to decimal places.
a Equivalent units
b Cost per equivalent unit
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