Question
Use the following information for the Exercises below. [The following information applies to the questions displayed below.] During April, the production department of a process
Use the following information for the Exercises below.
[The following information applies to the questions displayed below.] During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 78,000 were in process in the production department at the beginning of April and 312,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 100,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion.
Exercise 16-8 Weighted average: Computing equivalent units of production LO C2
1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted-average method.
! Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.] During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 78,000 were in process in the production department at the beginning of April and 312,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 100,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of units transferred to finished goods. Units transferred out Required 1 Required 2 Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method. Equivalent Units of Production - Weighted Average Units % Materials EUPMaterials % Conversion EUP Conversion Units completed and transferred out Units of ending work in process inventory - units Equivalent units of production Required 1 Required 2Step by Step Solution
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