Question
The charges to Work in ProcessAssembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process
The charges to Work in ProcessAssembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.
Work in Process-Assembly Department | |||
---|---|---|---|
Bal., 5,000 units, 50% completed | 14,750 | To Finished Goods, 115,000 units | ? |
Direct materials, 118,000 units @ $1.50 | 177,000 | ||
Direct labor | 258,200 | ||
Factory overhead | 100,470 | ||
Bal., ? units, 40% completed | ? |
Determine the following:
a. The number of units in work in process inventory at the end of the period. fill in the blank 9c96070a7fef03d_1 units
b. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".
Work in Process-Assembly Department | |||
Equivalent Units of Production for Direct Materials and Conversion Costs | |||
Whole Units | Equivalent Units Direct Materials | Equivalent Units Conversion | |
Inventory in process, beginning | |||
Started and completed | |||
Transferred to finished goods | |||
Inventory in process, ending | |||
Total units |
c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.
Costs Per Equivalent Unit | |
Direct Materials | $ |
Conversion | $ |
d. Cost of the units started and completed during the period. $
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