The following information concerns production in the Baking Department for March. All direct materials are placed in
Question:
The following information concerns production in the Baking Department for March.
All direct materials are placed in process at the beginning of production.
a. Determine the number of units in work in process inventory at the end of the month.b. Determine the equivalent units of production for direct materials and conversion costs inMarch.
Transcribed Image Text:
ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Debit Item Debit Date Credit Credit 1 Bal, 8,000 units, * completed 31 Direct materials, 145,000 units 31 Direct labor 31 Factory overhead 31 15,360 247,360 313,760 350,820 10,100 10,100 Mar. 232,000 66,400 37,060 Goods finished, 148,000 units 31 Bal., units, 5 completed 340,720
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Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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