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Martin Manufacturing has two manufacturing departments, Forming and Painting. The company uses the weighted-average method and it reports the following data. Units completed in the
Martin Manufacturing has two manufacturing departments, Forming and Painting. The company uses the weighted-average method and it reports the following data. Units completed in the Forming department are transferred to the Painting department.
Units | Direct materials Percent Complete | Conversion Percent Complete | |
---|---|---|---|
Beginning work in process inventory | 102,000 | 60% | 40% |
Units started this period | 1,204,000 | ||
Units completed and transferred out | 1,184,000 | ||
Ending work in process inventory | 122,000 | 80% | 30% |
Production cost information for the Forming department follows.
Beginning work in process | ||
---|---|---|
Direct materials | $ 183,200 | |
Conversion | 65,200 | $ 248,400 |
Costs added this period | ||
Direct materials | $ 4,686,880 | |
Conversion | 3,352,480 | 8,039,360 |
Calculate the equivalent units of production for both direct materials and conversion for the Forming department.
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