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The production department in a process manufacturing system completed 8 0 , 0 0 0 units of product and transferred them to finished goods during
The production department in a process manufacturing system completed units of product and transferred them to finished goods during a recent period. Of these units, were in process at the beginning of the period. The other units were started and completed during the period. At periodend, units were in process. Compute the department's equivalent units of production with respect to direct materials under each of three separate assumptions, using the weighted average method:
All direct materials are added to products when processing begins.
Beginning inventory is complete as to materials and conversion costs. Ending inventory is complete as to materials and conversion costs.
Beginning inventory is complete as to materials and complete as to conversion costs. Ending inventory is complete as to materials and complete as to conversion costs.
Exercise
Weighted average:
Equivalent units computed
C
Check EUP for materials,
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