Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Mar Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the
Mar Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 1 Bal., 6,600 units, 2/3 completed 7.480 31 Direct materials, 118,800 units 201,960 209,440 31 Direct labor 53,290 262,730 31 Factory overhead 29,982 292,712 31 Goods finished, 120,300 units 281,900 10,812 31 Bal units, 3/5 completed 10,812 a. Determine the number of units in work in process inventory at March 31. units Feedback Check My Wort How many units were in process during the period? How mary unts were completed during the period? b. Determine the equivalent units of production for direct materials and conversion costs in March. It an amount is zero, enter in "0" Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March Equivalent Units Equivalent Units Whole Units Check My Work b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in o". Baking Department Equivalent Units of Production for Direct Materials and conversion Costs For March Whole Units Equivalent Units Equivalent Units Direct Materials Conversion 6,600 Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 Total Feedback Check My Word Footback
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started