Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in
The charges to Work in Process-Assembly 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., 4,000 units, 45% completed Direct materials, 94,000 units @ 11,960 To Finished Goods, 92,000 units 188,000 $2.00 Direct labor Factory overhead 157,900 61,460 Bal., ? units, 20% completed Determine the following: a. The number of units in work in process inventory at the end of the period. 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 Equivalent Units Direct Materials Conversion Inventory in process, beginning Started and completed Transferred to finished goods Inventory in process, ending Total units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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