Question
Garrison Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The data listed below represents data in
Garrison Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The data listed below represents data in the ShapingDepartment:
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What are the equivalent units for directmaterials?
The data:
WIP, April 1
9,000 units
Transferredin costs inWIP, April 1
$79,940
Direct materials(100%) inWIP, April 1
$24,420
Conversion costs(75%) inWIP, April 1
$23,400
Units transferredin
48,000
Transferredin costs during April
$550,900
Units completed
44,000
April direct materials cost
$155,500
April conversion costs
$239,250
WIP, April 30
13,000 units
(100% for materials and50% for conversioncosts)
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
