part 1

part 1.2

The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory 26,400 units 61,600 units 88,000 units 16,400 units Prepare the production department's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method for process costing. Equivalent Units of Production (EUP) -- Weighted Average Method 1. All direct materials are added to products when processing begins. Direct Materials Units Percent Completo EUP Beginning work in process inventory Total 2. Beginning inventory is 40% complete as to direct materials costs. Ending Inventory is 70% complete as to direct materials costs. Direct Materials Units Percent EUP Complete Equivalent Units of Production (EUP)-Weighted Average Method 1. All direct materials are added to products when processing begins. Direct Materials Units Percent EUP Complete Beginning work in process inventory Total 2. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 70% complete as to direct materials costs. Direct Materials Units Percent EUP Complete Total 3. Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 30% complete as to direct materials costs. Direct Materials Units Percent EUP Complete Total The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory 26,400 units Units started and completed 61, 600 units Units completed and transferred out 88,000 units Ending work in process inventory 16,400 units Prepare the department's equivalent units of production for direct materials for each of the three separate assumptions a, b, and a using the FIFO method Equivalent Units of Production (EUP)-FIFO Method 1. All direct materials are added to products when processing begins. Direct Materials Units Percent Added EUP Total 2. Beginning inventory is 40% complete as to direct materials costs. Ending Inventory is 70% complete as to direct materials costs Direct Materials Units Percent Added EUP Total Equivalent Units of Production (EUP)-FIFO Method 1. All direct materials are added to products when processing begins. Direct Materials Units Percent Added EUP Total 2. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 70% complete as to direct materials costs. Direct Materials Units Percent Added EUP Total 3. Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 30% complete as to direct materials costs. Direct Materials Units Percent Added EUP Total