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The production department in a process manufacturing system completed 383,000 units of product and transferred them to finished goods during a recent period. Of these
The production department in a process manufacturing system completed 383,000 units of product and transferred them to finished goods during a recent period. Of these units, 63,000 were in process at the beginning of the period. The other 320,000 units were started and completed during the period. At period-end, 59,000 units were in process. Compute the department's equivalent units of production with respect to direct materials under each of three separate assumptions: 1. All direct materials are added to products when processing begins. Equivalent Units of Production for Materials__________ 2. Direct materials are added to products evenly throughout the process. Beginning goods in process inventory was 40% complete, and ending goods in process inventory was 75% complete. Equivalent Units of Production for Materials__________ 3. One-half of direct materials is added to products when the process begins and the other half is added when the process is 75% complete as to direct labor. Beginning goods in process inventory is 40% complete as to direct labor, and ending goods in process inventory is 60% complete as to direct labor. Equivalent Units of Production for Materials__________
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