Question
In April, the Assembly Department's beginning work in process was zero units. During the month, 40,000 units were transferred to the Finishing Department, The Assembly
In April, the Assembly Department's beginning work in process was zero units. During the month, 40,000 units were
transferred to the Finishing Department, The Assembly Department had 20,000 units that were 60% complete in its
ending work in process. The Finishing Department had zero beginning inventory in April. The Assembly
Department's total product costs for April were $260,000.
Required:
(A) Calculate the number of equivalent units for the Assembly Department.
(B) Calculate the cost per equivalent unit.
(C) Determine the cost of the goods transferred to the Finishing Department.
(D) Determine the cost of the Assembly Department's ending work in process.
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
4th edition
978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372
